US Treasury 5 Year Note ETF (NASDAQ:UFIV) Stock Price Up 0.1% – Still a Buy?

US Treasury 5 Year Note ETF (NASDAQ:UFIV) shares shot up 0.1% during trading on Thursday . The company traded as high as $48.27 and last traded at $48.22. Approximately 3,938 shares changed hands during trading, a decline of 45% from the average session volume of 7,224 shares. The stock had previously closed at $48.19.

US Treasury 5 Year Note ETF Stock Up 0.1%

The firm has a 50 day moving average price of $48.40 and a 200 day moving average price of $48.92.

US Treasury 5 Year Note ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a dividend of $0.1558 per share. The ex-dividend date was Monday, June 29th. This represents a c) annualized dividend and a yield of 3.9%.

Hedge Funds Weigh In On US Treasury 5 Year Note ETF

An institutional investor recently raised its position in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC raised its stake in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,753 shares of the company’s stock after acquiring an additional 2,734 shares during the period. Janney Montgomery Scott LLC owned about 10.11% of US Treasury 5 Year Note ETF worth $3,338,000 as of its most recent SEC filing.

About US Treasury 5 Year Note ETF

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.