US Treasury 2 Year Note ETF (NASDAQ:UTWO) Shares Up 0.1% – Time to Buy?
by Teresa Graham · The Cerbat GemShares of US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report) traded up 0.1% on Wednesday . The company traded as high as $48.64 and last traded at $48.6350. 87,403 shares were traded during mid-day trading, an increase of 20% from the average session volume of 72,744 shares. The stock had previously closed at $48.60.
US Treasury 2 Year Note ETF Stock Performance
The firm has a 50 day moving average price of $48.59 and a 200-day moving average price of $48.49.
US Treasury 2 Year Note ETF Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Tuesday, December 2nd were given a dividend of $0.1357 per share. The ex-dividend date was Tuesday, December 2nd. This is an increase from US Treasury 2 Year Note ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 3.3%.
Institutional Trading of US Treasury 2 Year Note ETF
Several large investors have recently modified their holdings of the business. Alpine Bank Wealth Management purchased a new stake in US Treasury 2 Year Note ETF during the 2nd quarter worth about $155,000. 49 Wealth Management LLC grew its holdings in shares of US Treasury 2 Year Note ETF by 0.8% during the second quarter. 49 Wealth Management LLC now owns 141,258 shares of the company’s stock worth $6,857,000 after buying an additional 1,083 shares in the last quarter. CoreCap Advisors LLC lifted its stake in shares of US Treasury 2 Year Note ETF by 2,331.9% during the third quarter. CoreCap Advisors LLC now owns 8,852 shares of the company’s stock valued at $430,000 after buying an additional 8,488 shares during the period. Crews Bank & Trust boosted its position in US Treasury 2 Year Note ETF by 18.6% during the third quarter. Crews Bank & Trust now owns 6,610 shares of the company’s stock worth $321,000 after acquiring an additional 1,035 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. grew its stake in US Treasury 2 Year Note ETF by 3.7% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 45,384 shares of the company’s stock worth $2,204,000 after acquiring an additional 1,613 shares during the period.
About US Treasury 2 Year Note ETF
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.