US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Stock Crosses Above Fifty Day Moving Average – Here’s Why

US Treasury 30 Year Bond ETF (NASDAQ:UTHY)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $44.49 and traded as high as $44.78. US Treasury 30 Year Bond ETF shares last traded at $44.78, with a volume of 3,006 shares traded.

US Treasury 30 Year Bond ETF Price Performance

The stock has a 50-day moving average of $44.49 and a 200-day moving average of $44.92.

US Treasury 30 Year Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a dividend of $0.1505 per share. The ex-dividend date was Friday, November 1st. This represents a $1.81 dividend on an annualized basis and a dividend yield of 4.03%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in US Treasury 30 Year Bond ETF stock. Flow Traders U.S. LLC purchased a new position in US Treasury 30 Year Bond ETF (NASDAQ:UTHY) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 58,279 shares of the company’s stock, valued at approximately $2,724,000. Flow Traders U.S. LLC owned approximately 14.94% of US Treasury 30 Year Bond ETF at the end of the most recent reporting period.

About US Treasury 30 Year Bond ETF

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve.