US Treasury 10 Year Note ETF (NASDAQ:UTEN) Shares Down 0.2% – Should You Sell?

US Treasury 10 Year Note ETF (NASDAQ:UTEN)’s stock price traded down 0.2% on Friday . The company traded as low as $43.62 and last traded at $43.64. 11,150 shares traded hands during trading, a decline of 86% from the average session volume of 81,080 shares. The stock had previously closed at $43.73.

US Treasury 10 Year Note ETF Trading Down 0.2%

The stock’s 50-day moving average is $44.03 and its two-hundred day moving average is $44.20.

US Treasury 10 Year Note ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were given a $0.1447 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UTEN. Farther Finance Advisors LLC purchased a new position in US Treasury 10 Year Note ETF in the 3rd quarter valued at approximately $2,143,000. NewEdge Advisors LLC boosted its position in US Treasury 10 Year Note ETF by 3.2% in the 2nd quarter. NewEdge Advisors LLC now owns 87,170 shares of the company’s stock valued at $3,827,000 after buying an additional 2,704 shares during the period. EverSource Wealth Advisors LLC boosted its position in 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 during the period. Finally, JPMorgan Chase & Co. boosted its position in US Treasury 10 Year Note ETF by 67.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock valued at $37,000 after buying an additional 341 shares during the period.

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.