US Treasury 2 Year Note ETF (NASDAQ:UTWO) Sets New 12-Month Low – Time to Sell?

US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report)’s stock price reached a new 52-week low on Friday. The company traded as low as $46.92 and last traded at $47.5390, with a volume of 148 shares changing hands. The stock had previously closed at $47.53.

US Treasury 2 Year Note ETF Stock Up 0.0%

The company has a 50 day moving average of $47.68 and a 200 day moving average of $47.95.

US Treasury 2 Year Note ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, August 28th. Investors of record on Thursday, August 27th were issued a $0.1641 dividend. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.1588. The ex-dividend date of this dividend was Thursday, August 27th.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

An institutional investor recently raised its stake in US Treasury 2 Year Note ETF stock. Marshall & Sterling Wealth Advisors Inc. grew its position in US Treasury 2 Year Note ETF (NASDAQ:UTWO – Free Report) by 33.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 59,113 shares of the company’s stock after purchasing an additional 14,818 shares during the period. US Treasury 2 Year Note ETF makes up approximately 1.9% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its 17th biggest position. Marshall & Sterling Wealth Advisors Inc. owned 0.64% of US Treasury 2 Year Note ETF worth $2,854,000 at the end of the most recent quarter.

About US Treasury 2 Year Note ETF

(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.

Featured Stories

Receive News & Ratings for US Treasury 2 Year Note ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Treasury 2 Year Note ETF and related companies with MarketBeat.com's FREE daily email newsletter.