US Treasury 2 Year Note ETF (NASDAQ:UTWO) Stock Price Up 0.1% – Here’s Why

US Treasury 2 Year Note ETF (NASDAQ:UTWOGet Free Report) rose 0.1% during mid-day trading on Thursday . The stock traded as high as $47.59 and last traded at $47.58. 324,350 shares were traded during 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 Price Performance

The business’s 50 day simple moving average is $47.88 and its 200 day simple moving average is $48.09.

US Treasury 2 Year Note ETF Increases Dividend

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

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

A hedge fund recently raised its position in US Treasury 2 Year Note ETF stock. Marshall & Sterling Wealth Advisors Inc. grew its holdings in US Treasury 2 Year Note ETF (NASDAQ:UTWOFree Report) by 33.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,113 shares of the company’s stock after buying an additional 14,818 shares during the period. US Treasury 2 Year Note ETF accounts for about 1.9% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 17th biggest holding. Marshall & Sterling Wealth Advisors Inc. owned approximately 0.64% of US Treasury 2 Year Note ETF worth $2,854,000 at the end of the most recent quarter.

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.

Further Reading

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