US Treasury 10 Year Note ETF (NASDAQ:UTEN) Trading 0.1% Higher – Should You Buy?

US Treasury 10 Year Note ETF (NASDAQ:UTENGet Free Report) traded up 0.1% on Tuesday . The company traded as high as $42.41 and last traded at $42.40. 885,260 shares traded hands during mid-day trading, an increase of 1,267% from the average daily volume of 64,756 shares. The stock had previously closed at $42.35.

US Treasury 10 Year Note ETF Trading Up 0.1%

The company has a fifty day moving average of $42.83 and a 200-day moving average of $43.39.

US Treasury 10 Year Note ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 29th. Stockholders of record on Tuesday, July 28th were paid a dividend of $0.151 per share. This is a boost from US Treasury 10 Year Note ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, July 28th.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

Large investors have recently made changes to their positions in the company. Sound Income Strategies LLC bought a new position in US Treasury 10 Year Note ETF during the first quarter valued at approximately $28,000. NewEdge Advisors LLC lifted its stake in US Treasury 10 Year Note ETF by 5.0% in the fourth quarter. NewEdge Advisors LLC now owns 36,585 shares of the company’s stock valued at $1,612,000 after acquiring an additional 1,743 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in US Treasury 10 Year Note ETF by 67.7% in the third quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock valued at $37,000 after acquiring an additional 341 shares during the last quarter.

About US Treasury 10 Year Note ETF

(Get Free Report)

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. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.

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