US Treasury 10 Year Note ETF (NASDAQ:UTEN) Shares Up 0.2%

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was up 0.2% on Friday . The company traded as high as $42.64 and last traded at $42.60. Approximately 4,268 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 38,048 shares. The stock had previously closed at $42.52.

US Treasury 10 Year Note ETF Stock Performance

The company has a 50-day moving average of $43.61 and a 200-day moving average of $43.66.

US Treasury 10 Year Note ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1413 per share. The ex-dividend date was Monday, April 1st. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.98%.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

Large investors have recently bought and sold shares of the business. Flow Traders U.S. LLC acquired a new stake in shares of US Treasury 10 Year Note ETF during the 4th quarter worth approximately $522,000. F M Investments LLC grew its stake in US Treasury 10 Year Note ETF by 7.6% during the 3rd quarter. F M Investments LLC now owns 8,807 shares of the company’s stock worth $378,000 after buying an additional 619 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in US Treasury 10 Year Note ETF in the fourth quarter worth $1,170,000.

About US Treasury 10 Year Note ETF

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.