US Treasury 10 Year Note ETF (NASDAQ:UTEN) Trading 0.1% Higher – Here’s What Happened

Shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) shot up 0.1% during trading on Thursday . The company traded as high as $43.93 and last traded at $43.88. 133,549 shares traded hands during trading, an increase of 54% from the average session volume of 86,922 shares. The stock had previously closed at $43.84.

US Treasury 10 Year Note ETF Stock Up 0.1%

The firm has a fifty day moving average of $44.16 and a 200 day moving average of $44.28.

US Treasury 10 Year Note ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a dividend of $0.1447 per share. This is a boost from US Treasury 10 Year Note ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 4.0%.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its holdings in US Treasury 10 Year Note ETF by 67.7% during the third quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock worth $37,000 after purchasing an additional 341 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of US Treasury 10 Year Note ETF by 50.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,229 shares of the company’s stock valued at $99,000 after buying an additional 747 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of US Treasury 10 Year Note ETF by 5.0% in the 4th quarter. NewEdge Advisors LLC now owns 36,585 shares of the company’s stock valued at $1,612,000 after buying an additional 1,743 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in US Treasury 10 Year Note ETF during the 3rd quarter worth $2,143,000. Finally, Flow Traders U.S. LLC raised its stake in US Treasury 10 Year Note ETF by 492.6% during the 2nd quarter. Flow Traders U.S. LLC now owns 71,211 shares of the company’s stock worth $3,126,000 after acquiring an additional 59,194 shares in the last quarter.

US Treasury 10 Year Note ETF Company Profile

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