US Treasury 2 Year Note ETF (NASDAQ:UTWO) Plans Dividend Increase – $0.16 Per Share

US Treasury 2 Year Note ETF (NASDAQ:UTWO) announced a dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.1606 per share on Wednesday, April 2nd. The ex-dividend date is Tuesday, April 1st. This is a 0.1% increase from US Treasury 2 Year Note ETF’s previous dividend of $0.16.

US Treasury 2 Year Note ETF Stock Down 0.3 %

Shares of NASDAQ:UTWO traded down $0.15 during trading on Tuesday, hitting $48.32. 37,230 shares of the company’s stock were exchanged, compared to its average volume of 84,528. The firm has a 50-day moving average price of $48.23 and a two-hundred day moving average price of $48.25. US Treasury 2 Year Note ETF has a 1-year low of $47.56 and a 1-year high of $48.86.

About US Treasury 2 Year Note ETF

The US Treasury 2 Year Note ETF (UTWO) is an exchange-traded fund that is based on the ICE BofA Current 2 Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 2-year US Treasury note. The fund is designed for those specifically required to track the 2-year tenor on the yield curve.