US Treasury 10 Year Note ETF (NASDAQ:UTEN) Stock Price Up 0.2% – Time to Buy?

US Treasury 10 Year Note ETF (NASDAQ:UTEN)’s share price rose 0.2% during trading on Thursday . The stock traded as high as $44.31 and last traded at $44.29. Approximately 18,303 shares changed hands during trading, a decline of 68% from the average daily volume of 57,476 shares. The stock had previously closed at $44.22.

US Treasury 10 Year Note ETF Stock Performance

The company has a 50-day moving average of $43.95 and a 200 day moving average of $43.57.

US Treasury 10 Year Note ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Wednesday, October 1st were given a dividend of $0.1457 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Wednesday, October 1st.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC bought a new position in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,017 shares of the company’s stock, valued at approximately $528,000. Flow Traders U.S. LLC owned approximately 0.27% of US Treasury 10 Year Note ETF as of its most recent SEC filing.

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.