US Treasury 10 Year Note ETF (NASDAQ:UTEN) Stock Price Up 0.4% – What’s Next?

US Treasury 10 Year Note ETF (NASDAQ:UTEN)’s share price was up 0.4% during trading on Thursday . The company traded as high as $43.36 and last traded at $43.26. Approximately 24,030 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 63,445 shares. The stock had previously closed at $43.10.

US Treasury 10 Year Note ETF Price Performance

The firm has a 50 day moving average price of $43.27 and a two-hundred day moving average price of $43.80.

US Treasury 10 Year Note ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were issued a $0.1451 dividend. The ex-dividend date was Thursday, May 28th. This is a positive change from US Treasury 10 Year Note ETF’s previous dividend of $0.14.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

Several institutional investors have recently bought and sold shares of UTEN. NewEdge Advisors LLC raised its stake in shares of US Treasury 10 Year Note ETF by 3.2% in the 2nd quarter. NewEdge Advisors LLC now owns 87,170 shares of the company’s stock valued at $3,827,000 after acquiring an additional 2,704 shares during the period. JPMorgan Chase & Co. boosted its position in US Treasury 10 Year Note ETF by 67.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock worth $37,000 after purchasing an additional 341 shares during the period. EverSource Wealth Advisors LLC increased its holdings in US Treasury 10 Year Note ETF by 50.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,229 shares of the company’s stock valued at $99,000 after purchasing an additional 747 shares in the last quarter. Finally, Sound Income Strategies LLC purchased a new position in US Treasury 10 Year Note ETF in the first quarter valued at about $28,000.

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.