US Treasury 2 Year Note ETF (NASDAQ:UTWO) Shares Up 0% – Here’s What Happened

US Treasury 2 Year Note ETF (NASDAQ:UTWO) shares rose 0% on Thursday . The company traded as high as $48.66 and last traded at $48.6550. Approximately 45,660 shares changed hands during trading, a decline of 41% from the average daily volume of 77,450 shares. The stock had previously closed at $48.65.

US Treasury 2 Year Note ETF Price Performance

The stock’s 50-day simple moving average is $48.59 and its 200-day simple moving average is $48.56.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a dividend of $0.1377 per share. This represents a c) dividend on an annualized basis and a yield of 3.4%. This is an increase from US Treasury 2 Year Note ETF’s previous monthly dividend of $0.13. The ex-dividend date was Thursday, January 29th.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

Several institutional investors have recently added to or reduced their stakes in the stock. 49 Wealth Management LLC raised its position in US Treasury 2 Year Note ETF by 8.0% in the third quarter. 49 Wealth Management LLC now owns 152,494 shares of the company’s stock worth $7,406,000 after acquiring an additional 11,236 shares during the period. CoreCap Advisors LLC increased its stake in shares of US Treasury 2 Year Note ETF by 2,331.9% during the 3rd quarter. CoreCap Advisors LLC now owns 8,852 shares of the company’s stock worth $430,000 after purchasing an additional 8,488 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its holdings in shares of US Treasury 2 Year Note ETF by 3.7% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 45,384 shares of the company’s stock worth $2,204,000 after purchasing an additional 1,613 shares during the period. Finally, Crews Bank & Trust lifted its stake in US Treasury 2 Year Note ETF by 18.6% in the third quarter. Crews Bank & Trust now owns 6,610 shares of the company’s stock valued at $321,000 after purchasing an additional 1,035 shares during the last quarter.

US Treasury 2 Year Note ETF Company Profile

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. UTWO was launched on Aug 9, 2022 and is managed by F/m Investments.