US Treasury 10 Year Note ETF (NASDAQ:UTEN) Trading Down 0.2%

US Treasury 10 Year Note ETF (NASDAQ:UTEN)’s stock price was down 0.2% during mid-day trading on Thursday . The company traded as low as $43.70 and last traded at $43.83. Approximately 39,010 shares changed hands during trading, a decline of 1% from the average daily volume of 39,568 shares. The stock had previously closed at $43.94.

US Treasury 10 Year Note ETF Price Performance

The firm’s 50-day simple moving average is $43.05 and its 200 day simple moving average is $43.81.

US Treasury 10 Year Note ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 4th. Investors of record on Monday, June 3rd were issued a $0.1451 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.97%.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

An institutional investor recently bought a new position in US Treasury 10 Year Note ETF stock. EverSource Wealth Advisors LLC acquired a new position in US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,561 shares of the company’s stock, valued at approximately $66,000. EverSource Wealth Advisors LLC owned 0.06% of US Treasury 10 Year Note ETF as of its most recent filing with the SEC.

US Treasury 10 Year Note ETF Company Profile

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.