US Treasury 5 Year Note ETF (NASDAQ:UFIV) Shares Down 0.1% – Here’s Why

US Treasury 5 Year Note ETF (NASDAQ:UFIV)’s stock price traded down 0.1% during mid-day trading on Thursday . The stock traded as low as $49.09 and last traded at $49.10. 1,242 shares changed hands during trading, a decline of 89% from the average session volume of 10,846 shares. The stock had previously closed at $49.13.

US Treasury 5 Year Note ETF Stock Down 0.1%

The firm has a fifty day moving average price of $49.36 and a two-hundred day moving average price of $49.29.

US Treasury 5 Year Note ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.1365 dividend. The ex-dividend date was Tuesday, December 30th. This is a positive change from US Treasury 5 Year Note ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 3.3%.

Institutional Trading of US Treasury 5 Year Note ETF

A hedge fund recently raised its stake in US Treasury 5 Year Note ETF stock. Huntington National Bank raised its stake in US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 30.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,467 shares of the company’s stock after buying an additional 573 shares during the period. Huntington National Bank owned about 0.27% of US Treasury 5 Year Note ETF worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.