US Treasury 10 Year Note ETF (NASDAQ:UTEN) Shares Down 0% – Time to Sell?

US Treasury 10 Year Note ETF (NASDAQ:UTENGet Free Report)’s share price was down 0% during mid-day trading on Friday . The stock traded as low as $42.82 and last traded at $42.85. 28,224 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 62,052 shares. The stock had previously closed at $42.87.

US Treasury 10 Year Note ETF Trading Down 0.0%

The business’s 50 day moving average is $43.10 and its 200 day moving average is $43.68.

US Treasury 10 Year Note ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a dividend of $0.1525 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, June 29th.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC boosted its holdings in US Treasury 10 Year Note ETF by 3.2% during the 2nd quarter. NewEdge Advisors LLC now owns 87,170 shares of the company’s stock valued at $3,827,000 after acquiring an additional 2,704 shares during the period. JPMorgan Chase & Co. lifted its position in shares of US Treasury 10 Year Note ETF by 67.7% during the third quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock worth $37,000 after purchasing an additional 341 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in shares of US Treasury 10 Year Note ETF during the first quarter valued at $28,000.

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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