US Treasury 5 Year Note ETF (NASDAQ:UFIV) Raises Dividend to $0.15 Per Share

US Treasury 5 Year Note ETF (NASDAQ:UFIV) announced a dividend on Wednesday, May 27th, NASDAQ Dividends reports. Shareholders of record on Thursday, May 28th will be paid a dividend of 0.1503 per share on Friday, May 29th. The ex-dividend date is Thursday, May 28th. This is a 0.4% increase from US Treasury 5 Year Note ETF’s previous dividend of $0.15.

US Treasury 5 Year Note ETF Stock Performance

Shares of NASDAQ:UFIV opened at $48.42 on Thursday. The business’s fifty day moving average price is $48.71 and its two-hundred day moving average price is $49.13. US Treasury 5 Year Note ETF has a one year low of $48.02 and a one year high of $49.74.

Institutional Investors Weigh In On US Treasury 5 Year Note ETF

A hedge fund recently raised its stake in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC raised its stake in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 67,753 shares of the company’s stock after buying an additional 2,734 shares during the quarter. Janney Montgomery Scott LLC owned about 10.11% of US Treasury 5 Year Note ETF worth $3,338,000 at the end of the most recent reporting period.

About US Treasury 5 Year Note ETF

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.