NewEdge Advisors LLC Has $3.71 Million Stake in US Treasury 10 Year Note ETF $UTEN

NewEdge Advisors LLC raised its stake in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) by 117.6% in the 1st quarter, Holdings Channel reports. The firm owned 84,466 shares of the company’s stock after purchasing an additional 45,642 shares during the quarter. NewEdge Advisors LLC’s holdings in US Treasury 10 Year Note ETF were worth $3,709,000 at the end of the most recent quarter.

Separately, Flow Traders U.S. LLC acquired a new stake in shares of US Treasury 10 Year Note ETF in the first quarter valued at about $528,000.

US Treasury 10 Year Note ETF Stock Performance

Shares of UTEN opened at $44.37 on Wednesday. The business has a 50-day moving average of $43.58 and a 200-day moving average of $43.49. US Treasury 10 Year Note ETF has a 1 year low of $41.85 and a 1 year high of $46.03.

US Treasury 10 Year Note ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Tuesday, September 2nd were given a $0.15 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

US Treasury 10 Year Note ETF Company Profile

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.