US Treasury 5 Year Note ETF (NASDAQ:UFIV) Shares Up 0.1% – Still a Buy?

US Treasury 5 Year Note ETF (NASDAQ:UFIV) shares rose 0.1% on Thursday . The company traded as high as $49.55 and last traded at $49.55. Approximately 2,414 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 9,149 shares. The stock had previously closed at $49.52.

US Treasury 5 Year Note ETF Price Performance

The business has a 50-day moving average price of $49.30 and a 200-day moving average price of $49.36.

US Treasury 5 Year Note ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 29th were issued a dividend of $0.1434 per share. The ex-dividend date was Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 3.5%. This is a boost from US Treasury 5 Year Note ETF’s previous monthly dividend of $0.14.

Institutional Investors Weigh In On US Treasury 5 Year Note ETF

A hedge fund recently raised its stake in US Treasury 5 Year Note ETF stock. Huntington National Bank boosted its position in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 30.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,467 shares of the company’s stock after purchasing an additional 573 shares during the period. Huntington National Bank owned approximately 0.27% of US Treasury 5 Year Note ETF worth $121,000 at the end of the most recent quarter.

About US Treasury 5 Year Note ETF

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.