US Treasury 2 Year Note ETF (NASDAQ:UTWO) Stock Price Down 0.1% – Here’s Why

Shares of US Treasury 2 Year Note ETF (NASDAQ:UTWOGet Free Report) fell 0.1% during mid-day trading on Tuesday . The company traded as low as $48.05 and last traded at $48.06. 57,082 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 81,808 shares. The stock had previously closed at $48.10.

US Treasury 2 Year Note ETF Stock Down 0.1%

The stock’s fifty day moving average price is $48.27 and its 200-day moving average price is $48.47.

US Treasury 2 Year Note ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 29th. Stockholders of record on Tuesday, April 28th were issued a $0.1502 dividend. The ex-dividend date of this dividend was Tuesday, April 28th. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.14.

Institutional Investors Weigh In On US Treasury 2 Year Note ETF

Institutional investors and hedge funds have recently modified their holdings of the company. 49 Wealth Management LLC raised its holdings in US Treasury 2 Year Note ETF by 8.0% in the 3rd quarter. 49 Wealth Management LLC now owns 152,494 shares of the company’s stock valued at $7,406,000 after acquiring an additional 11,236 shares during the period. Marshall & Sterling Wealth Advisors Inc. raised its holdings in 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 valued at $2,854,000 after acquiring an additional 14,818 shares during the period. Finally, CoreCap Advisors LLC raised its holdings in US Treasury 2 Year Note ETF by 17.6% in the 4th quarter. CoreCap Advisors LLC now owns 10,408 shares of the company’s stock valued at $505,000 after acquiring an additional 1,556 shares during the period.

About US Treasury 2 Year Note ETF

(Get Free Report)

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.

Further Reading

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