US Treasury 5 Year Note ETF (NASDAQ:UFIV) Trading 0.1% Higher – Here’s Why

US Treasury 5 Year Note ETF (NASDAQ:UFIV) traded up 0.1% on Thursday . The stock traded as high as $48.27 and last traded at $48.22. Approximately 3,938 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 7,224 shares. The stock had previously closed at $48.19.

US Treasury 5 Year Note ETF Stock Down 0.0%

The business has a 50 day simple moving average of $48.39 and a 200-day simple moving average of $48.91.

US Treasury 5 Year Note ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a $0.1558 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Trading of US Treasury 5 Year Note ETF

A hedge fund recently raised its stake in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC grew its holdings in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 67,753 shares of the company’s stock after purchasing an additional 2,734 shares during the period. Janney Montgomery Scott LLC owned approximately 10.11% of US Treasury 5 Year Note ETF worth $3,338,000 at the end of the most recent reporting period.

US Treasury 5 Year Note ETF Company Profile

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.