US Treasury 2 Year Note ETF (NASDAQ:UTWO) Trading Down 0.1% – Time to Sell?

US Treasury 2 Year Note ETF (NASDAQ:UTWOGet Free Report)’s stock price traded down 0.1% on Friday . The stock traded as low as $47.94 and last traded at $47.94. 87,413 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 88,797 shares. The stock had previously closed at $47.97.

US Treasury 2 Year Note ETF Stock Performance

The business’s 50-day simple moving average is $48.07 and its 200-day simple moving average is $48.34.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.1526 per share. This is a boost from US Treasury 2 Year Note ETF’s previous dividend of $0.14. The ex-dividend date was Monday, June 29th.

Institutional Trading of US Treasury 2 Year Note ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Marshall & Sterling Wealth Advisors Inc. boosted its holdings in US Treasury 2 Year Note ETF by 33.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 59,113 shares of the company’s stock worth $2,854,000 after buying an additional 14,818 shares during the last quarter. 49 Wealth Management LLC raised its holdings in shares of US Treasury 2 Year Note ETF by 4.2% during the fourth quarter. 49 Wealth Management LLC now owns 158,851 shares of the company’s stock valued at $7,715,000 after acquiring an additional 6,357 shares during the last quarter. Finally, CoreCap Advisors LLC raised its holdings in shares of US Treasury 2 Year Note ETF by 27.3% during the second quarter. CoreCap Advisors LLC now owns 16,908 shares of the company’s stock valued at $811,000 after acquiring an additional 3,629 shares during the last quarter.

US Treasury 2 Year Note ETF Company Profile

(Get Free Report)

The US Treasury 2 Year Note ETF (UTWO) is an exchange-traded fund that is based on the ICE BofA Current 2 Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 2-year US Treasury note. The fund is designed for those specifically required to track the 2-year tenor on the yield curve. UTWO was launched on Aug 9, 2022 and is managed by F/m Investments.

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