US Treasury 10 Year Note ETF (UTEN) to Distribute Dividend of $0.15 on July 29th

US Treasury 10 Year Note ETF (NASDAQ:UTEN) announced a dividend on Monday, July 27th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 28th will be paid a dividend of 0.151 per share on Wednesday, July 29th. The ex-dividend date of this dividend is Tuesday, July 28th. This is a 4.1% increase from US Treasury 10 Year Note ETF’s previous dividend of $0.15.

US Treasury 10 Year Note ETF Price Performance

UTEN stock opened at $42.63 on Wednesday. US Treasury 10 Year Note ETF has a one year low of $42.39 and a one year high of $44.89. The company has a fifty day moving average price of $43.00 and a two-hundred day moving average price of $43.55.

Institutional Trading of US Treasury 10 Year Note ETF

A number of hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in US Treasury 10 Year Note ETF by 67.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock valued at $37,000 after buying an additional 341 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in US Treasury 10 Year Note ETF during the first quarter worth approximately $28,000. Finally, NewEdge Advisors LLC lifted its position in US Treasury 10 Year Note ETF by 5.0% during the fourth quarter. NewEdge Advisors LLC now owns 36,585 shares of the company’s stock worth $1,612,000 after acquiring an additional 1,743 shares during the last quarter.

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.