US Treasury 10 Year Note ETF (NASDAQ:UTEN) Trading Up 0.2%

US Treasury 10 Year Note ETF (NASDAQ:UTEN)’s stock price rose 0.2% during mid-day trading on Friday . The company traded as high as $42.64 and last traded at $42.60. Approximately 4,268 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 38,048 shares. The stock had previously closed at $42.52.

US Treasury 10 Year Note ETF Stock Up 0.2 %

The stock has a 50 day simple moving average of $43.61 and a 200-day simple moving average of $43.66.

US Treasury 10 Year Note ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, April 3rd. Investors of record on Tuesday, April 2nd were given a $0.1413 dividend. This represents a $1.70 annualized dividend and a yield of 3.98%. The ex-dividend date of this dividend was Monday, April 1st.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A number of institutional investors and hedge funds have recently made changes to their positions in UTEN. F M Investments LLC increased its position in shares of US Treasury 10 Year Note ETF by 7.6% during the 3rd quarter. F M Investments LLC now owns 8,807 shares of the company’s stock valued at $378,000 after purchasing an additional 619 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in US Treasury 10 Year Note ETF during the fourth quarter worth $522,000. Finally, Janney Montgomery Scott LLC bought a new position in US Treasury 10 Year Note ETF during the fourth quarter valued at $1,170,000.

About US Treasury 10 Year Note ETF

The US Treasury 10 Year Note ETF (UTEN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 10-year US Treasury note. The fund is designed for those specifically required to track the 10-year tenor on the yield curve.