US Treasury 2 Year Note ETF (NASDAQ:UTWO) Stock Price Down 0.1% – What’s Next?

US Treasury 2 Year Note ETF (NASDAQ:UTWO)’s share price fell 0.1% during mid-day trading on Friday . The company traded as low as $47.94 and last traded at $47.94. 87,413 shares were traded 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 Down 0.1%

The stock has a 50 day moving average of $48.07 and a 200 day moving average of $48.34.

US Treasury 2 Year Note ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a $0.1526 dividend. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.14. The ex-dividend date was Monday, June 29th.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

Large investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC grew its position in shares of US Treasury 2 Year Note ETF by 17.6% during the 4th quarter. CoreCap Advisors LLC now owns 10,408 shares of the company’s stock valued at $505,000 after buying an additional 1,556 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in US Treasury 2 Year Note ETF by 33.5% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 59,113 shares of the company’s stock worth $2,854,000 after acquiring an additional 14,818 shares during the last quarter. Finally, 49 Wealth Management LLC lifted its holdings in US Treasury 2 Year Note ETF by 4.2% in the fourth quarter. 49 Wealth Management LLC now owns 158,851 shares of the company’s stock worth $7,715,000 after acquiring an additional 6,357 shares during the last quarter.

US Treasury 2 Year Note ETF Company Profile

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.