US Treasury 7 Year Note ETF (NASDAQ:USVN) Stock Price Down 0% – Time to Sell?

US Treasury 7 Year Note ETF (NASDAQ:USVN) shares fell 0% on Thursday . The stock traded as low as $48.34 and last traded at $48.40. 2,300 shares changed hands during trading, a decline of 48% from the average session volume of 4,400 shares. The stock had previously closed at $48.42.

US Treasury 7 Year Note ETF Stock Performance

The stock has a 50 day simple moving average of $48.74 and a two-hundred day simple moving average of $48.63.

US Treasury 7 Year Note ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.1452 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Tuesday, December 30th.

US Treasury 7 Year Note ETF Company Profile

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve. USVN was launched on Mar 28, 2023 and is managed by F/m Investments.