US Treasury 10 Year Note ETF (NASDAQ:UTEN) Shares Down 0% – What’s Next?

US Treasury 10 Year Note ETF (NASDAQ:UTEN) shares were down 0% during mid-day trading on Friday . The stock traded as low as $42.82 and last traded at $42.85. Approximately 28,224 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 62,052 shares. The stock had previously closed at $42.87.

US Treasury 10 Year Note ETF Stock Performance

The stock’s 50-day simple moving average is $43.10 and its 200 day simple moving average is $43.68.

US Treasury 10 Year Note ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a $0.1525 dividend. The ex-dividend date was Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sound Income Strategies LLC purchased a new position in shares of US Treasury 10 Year Note ETF during the 1st quarter worth approximately $28,000. NewEdge Advisors LLC boosted its stake in shares of US Treasury 10 Year Note ETF by 5.0% in the fourth quarter. NewEdge Advisors LLC now owns 36,585 shares of the company’s stock valued at $1,612,000 after buying an additional 1,743 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in US Treasury 10 Year Note ETF by 67.7% during the third quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock worth $37,000 after acquiring an additional 341 shares during the period.

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. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.