US Treasury 10 Year Note ETF (NASDAQ:UTEN) Stock Price Up 0.1% – Here’s What Happened

US Treasury 10 Year Note ETF (NASDAQ:UTEN)’s share price traded up 0.1% during trading on Thursday . The company traded as high as $44.56 and last traded at $44.53. 28,101 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 103,352 shares. The stock had previously closed at $44.47.

US Treasury 10 Year Note ETF Stock Performance

The firm’s 50 day simple moving average is $44.12 and its 200-day simple moving average is $44.20.

US Treasury 10 Year Note ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were paid a $0.1409 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Thursday, January 29th.

Institutional Trading of US Treasury 10 Year Note ETF

Hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC grew its position in US Treasury 10 Year Note ETF by 492.6% during the second quarter. Flow Traders U.S. LLC now owns 71,211 shares of the company’s stock valued at $3,126,000 after purchasing an additional 59,194 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of US Treasury 10 Year Note ETF by 3.2% during 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. Farther Finance Advisors LLC acquired a new position in shares of US Treasury 10 Year Note ETF in the third quarter worth $2,143,000. JPMorgan Chase & Co. increased its stake in shares of US Treasury 10 Year Note ETF by 67.7% in the third quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock worth $37,000 after acquiring an additional 341 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of US Treasury 10 Year Note ETF by 50.4% during the third quarter. EverSource Wealth Advisors LLC now owns 2,229 shares of the company’s stock worth $99,000 after acquiring an additional 747 shares in the last quarter.

About US Treasury 10 Year Note ETF

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.