US Treasury 2 Year Note ETF (NASDAQ:UTWO) to Issue Dividend Increase – $0.16 Per Share

US Treasury 2 Year Note ETF (NASDAQ:UTWOGet Free Report) declared a dividend on Monday, July 27th, NASDAQ Dividends reports. Stockholders of record on Tuesday, July 28th will be paid a dividend of 0.1588 per share on Wednesday, July 29th. The ex-dividend date is Tuesday, July 28th. This is a 4.0% increase from US Treasury 2 Year Note ETF’s previous dividend of $0.15.

US Treasury 2 Year Note ETF Stock Down 0.2%

Shares of NASDAQ UTWO traded down $0.11 during mid-day trading on Tuesday, hitting $47.83. The stock had a trading volume of 126,293 shares, compared to its average volume of 88,078. The business has a 50 day moving average price of $48.02 and a two-hundred day moving average price of $48.28. US Treasury 2 Year Note ETF has a 1 year low of $47.81 and a 1 year high of $48.70.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Marshall & Sterling Wealth Advisors Inc. grew its stake in shares of US Treasury 2 Year Note ETF by 33.5% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 59,113 shares of the company’s stock worth $2,854,000 after purchasing an additional 14,818 shares during the last quarter. CoreCap Advisors LLC grew its position in shares of US Treasury 2 Year Note ETF by 27.3% in the 2nd quarter. CoreCap Advisors LLC now owns 16,908 shares of the company’s stock worth $811,000 after buying an additional 3,629 shares during the last quarter. Finally, 49 Wealth Management LLC grew its position in shares of US Treasury 2 Year Note ETF by 4.2% in the 4th quarter. 49 Wealth Management LLC now owns 158,851 shares of the company’s stock worth $7,715,000 after buying an additional 6,357 shares during the last quarter.

US Treasury 2 Year Note ETF Company Profile

(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.

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Dividend History for US Treasury 2 Year Note ETF (NASDAQ:UTWO)

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