US Treasury 2 Year Note ETF (NASDAQ:UTWO) Trading Up 0.1%

US Treasury 2 Year Note ETF (NASDAQ:UTWO)’s stock price was up 0.1% during trading on Wednesday . The stock traded as high as $48.16 and last traded at $48.14. Approximately 43,436 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 77,971 shares. The stock had previously closed at $48.10.

US Treasury 2 Year Note ETF Price Performance

The firm’s fifty day simple moving average is $48.14 and its 200 day simple moving average is $48.08.

US Treasury 2 Year Note ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Monday, March 4th were issued a $0.1644 dividend. The ex-dividend date was Friday, March 1st. This represents a $1.97 dividend on an annualized basis and a yield of 4.10%.

Institutional Trading of US Treasury 2 Year Note ETF

An institutional investor recently raised its position in US Treasury 2 Year Note ETF stock. F M Investments LLC boosted its holdings in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 9.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,244 shares of the company’s stock after buying an additional 1,029 shares during the quarter. F M Investments LLC owned 0.18% of US Treasury 2 Year Note ETF worth $587,000 as of its most recent SEC filing.

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.