US Treasury 3 Year Note ETF (NASDAQ:UTRE) Stock Price Up 0% – Still a Buy?

US Treasury 3 Year Note ETF (NASDAQ:UTRE)’s stock price traded up 0% on Thursday . The company traded as high as $50.00 and last traded at $49.9990. 468 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 2,620 shares. The stock had previously closed at $49.99.

US Treasury 3 Year Note ETF Stock Performance

The business’s fifty day moving average price is $49.87 and its 200-day moving average price is $49.86.

US Treasury 3 Year Note ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a $0.1451 dividend. This is an increase from US Treasury 3 Year Note ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Thursday, January 29th.

About US Treasury 3 Year Note ETF

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve. UTRE was launched on Mar 28, 2023 and is managed by US Benchmark Series.