US Treasury 5 Year Note ETF (NASDAQ:UFIV) Stock Price Up 0.2% – Still a Buy?

Shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) rose 0.2% during trading on Wednesday . The stock traded as high as $49.40 and last traded at $49.40. Approximately 3,833 shares were traded during trading, a decline of 73% from the average daily volume of 14,194 shares. The stock had previously closed at $49.31.

US Treasury 5 Year Note ETF Stock Up 0.2%

The business’s fifty day moving average price is $49.44 and its two-hundred day moving average price is $49.23.

US Treasury 5 Year Note ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Tuesday, December 2nd were given a dividend of $0.1301 per share. The ex-dividend date was Tuesday, December 2nd. This represents a c) dividend on an annualized basis and a yield of 3.2%.

Hedge Funds Weigh In On US Treasury 5 Year Note ETF

An institutional investor recently raised its position in US Treasury 5 Year Note ETF stock. Huntington National Bank boosted its stake in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 30.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,467 shares of the company’s stock after buying an additional 573 shares during the period. Huntington National Bank owned approximately 0.27% of US Treasury 5 Year Note ETF worth $121,000 at the end of the most recent quarter.

US Treasury 5 Year Note ETF Company Profile

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.