US Treasury 2 Year Note ETF (NASDAQ:UTWO) Increases Dividend to $0.16 Per Share

US Treasury 2 Year Note ETF (NASDAQ:UTWO) declared a dividend on Monday, July 27th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 28th will be paid a dividend of 0.1588 per share on Wednesday, July 29th. The ex-dividend date is Tuesday, July 28th. This is a 4.0% increase from US Treasury 2 Year Note ETF’s previous dividend of $0.15.

US Treasury 2 Year Note ETF Price Performance

Shares of UTWO traded down $0.11 during midday trading on Tuesday, hitting $47.83. The company had a trading volume of 126,293 shares, compared to its average volume of 88,078. The company’s 50 day moving average price is $48.02 and its 200 day moving average price is $48.28. US Treasury 2 Year Note ETF has a 52 week low of $47.81 and a 52 week high of $48.70.

Institutional Trading of US Treasury 2 Year Note ETF

Several hedge funds and other institutional investors have recently bought and sold shares of UTWO. CoreCap Advisors LLC raised its stake in US Treasury 2 Year Note ETF by 17.6% during the fourth 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 in the last quarter. 49 Wealth Management LLC lifted its holdings in US Treasury 2 Year Note ETF by 4.2% during the 4th quarter. 49 Wealth Management LLC now owns 158,851 shares of the company’s stock worth $7,715,000 after buying an additional 6,357 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. grew its position in shares of US Treasury 2 Year Note ETF by 33.5% in the 1st 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 in 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.