US Treasury 2 Year Note ETF (NASDAQ:UTWO) Shares Up 0.1% – Here’s What Happened

US Treasury 2 Year Note ETF (NASDAQ:UTWO) shares rose 0.1% during mid-day trading on Tuesday . The company traded as high as $48.37 and last traded at $48.37. Approximately 43,014 shares changed hands during trading, a decline of 51% from the average daily volume of 87,214 shares. The stock had previously closed at $48.33.

US Treasury 2 Year Note ETF Price Performance

The firm’s 50-day moving average is $48.45 and its 200 day moving average is $48.53.

US Treasury 2 Year Note ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were paid a $0.1351 dividend. The ex-dividend date was Monday, March 30th.

Institutional Investors Weigh In On US Treasury 2 Year Note ETF

Several hedge funds have recently made changes to their positions in UTWO. 49 Wealth Management LLC grew its holdings in shares of US Treasury 2 Year Note ETF by 8.0% during the third quarter. 49 Wealth Management LLC now owns 152,494 shares of the company’s stock worth $7,406,000 after buying an additional 11,236 shares during the last quarter. CoreCap Advisors LLC raised its stake in US Treasury 2 Year Note ETF by 2,331.9% during the 3rd quarter. CoreCap Advisors LLC now owns 8,852 shares of the company’s stock valued at $430,000 after acquiring an additional 8,488 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its position in US Treasury 2 Year Note ETF by 3.7% during 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. Finally, Crews Bank & Trust lifted its position in US Treasury 2 Year Note ETF by 18.6% during the 3rd 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 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.