Shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) rose 0.6% during mid-day trading on Thursday . The stock traded as high as $41.68 and last traded at $41.67. 172,627 shares were traded during trading, an increase of 153% from the average session volume of 68,320 shares. The stock had previously closed at $41.41.
US Treasury 10 Year Note ETF Trading Up 0.6%
The business’s fifty day moving average is $42.35 and its 200 day moving average is $43.05.
Hedge Funds Weigh In On US Treasury 10 Year Note ETF
A hedge fund recently raised its stake in US Treasury 10 Year Note ETF stock. NewEdge Advisors LLC raised its position in US Treasury 10 Year Note ETF (NASDAQ:UTEN – Free Report) by 5.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,720 shares of the company’s stock after purchasing an additional 1,795 shares during the quarter. NewEdge Advisors LLC owned 0.54% of US Treasury 10 Year Note ETF worth $1,586,000 at the end of the most recent reporting period.
US Treasury 10 Year Note ETF Company Profile
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.
Further Reading
- Five stocks we like better than US Treasury 10 Year Note ETF
- Aeluma’s Selloff Could Be Setting Up Its Next Big Move
- Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
Receive News & Ratings for US Treasury 10 Year Note ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Treasury 10 Year Note ETF and related companies with MarketBeat.com's FREE daily email newsletter.
