US Treasury 2 Year Note ETF (NASDAQ:UTWO) Trading Up 0.1% – What’s Next?

US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report) shares shot up 0.1% on Thursday . The company traded as high as $47.59 and last traded at $47.58. Approximately 324,350 shares traded hands during mid-day trading, an increase of 272% from the average session volume of 87,233 shares. The stock had previously closed at $47.53.

US Treasury 2 Year Note ETF Trading Up 0.1%

The firm has a fifty day simple moving average of $47.88 and a 200-day simple moving average of $48.09.

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US Treasury 2 Year Note ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, August 28th. Stockholders of record on Thursday, August 27th were paid a dividend of $0.1641 per share. The ex-dividend date was Thursday, August 27th. This is a boost from US Treasury 2 Year Note ETF’s previous dividend of $0.16.

Institutional Trading of US Treasury 2 Year Note ETF

An institutional investor recently raised its stake in US Treasury 2 Year Note ETF stock. CoreCap Advisors LLC raised its stake in US Treasury 2 Year Note ETF (NASDAQ:UTWO – Free Report) by 27.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,908 shares of the company’s stock after acquiring an additional 3,629 shares during the quarter. CoreCap Advisors LLC owned about 0.17% of US Treasury 2 Year Note ETF worth $811,000 at the end of the most recent reporting period.

About US Treasury 2 Year Note ETF

(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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