US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Trading 0.4% Higher – Here’s What Happened

Shares of US Treasury 30 Year Bond ETF (NASDAQ:UTHY) traded up 0.4% during trading on Thursday . The stock traded as high as $41.42 and last traded at $41.40. 18,772 shares traded hands during mid-day trading, an increase of 67% from the average session volume of 11,262 shares. The stock had previously closed at $41.22.

US Treasury 30 Year Bond ETF Stock Performance

The company’s 50-day simple moving average is $41.69 and its 200-day simple moving average is $41.75.

US Treasury 30 Year Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a $0.1619 dividend. This is a boost from US Treasury 30 Year Bond ETF’s previous monthly dividend of $0.16. The ex-dividend date was Tuesday, December 30th. This represents a c) annualized dividend and a yield of 4.7%.

About US Treasury 30 Year Bond ETF

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve. UTHY was launched on Mar 28, 2023 and is managed by F/m Investments.