136,572 Shares in US Treasury 2 Year Note ETF (NASDAQ:UTWO) Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC bought a new position in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 136,572 shares of the company’s stock, valued at approximately $6,564,000. Janney Montgomery Scott LLC owned 1.54% of US Treasury 2 Year Note ETF at the end of the most recent quarter.

Separately, 49 Wealth Management LLC increased its stake in shares of US Treasury 2 Year Note ETF by 19.9% during the 3rd quarter. 49 Wealth Management LLC now owns 76,372 shares of the company’s stock worth $3,724,000 after purchasing an additional 12,658 shares in the last quarter.

US Treasury 2 Year Note ETF Price Performance

Shares of UTWO stock opened at $48.23 on Wednesday. US Treasury 2 Year Note ETF has a twelve month low of $47.56 and a twelve month high of $48.86. The firm has a 50-day moving average price of $48.11 and a 200 day moving average price of $48.30.

US Treasury 2 Year Note ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were given a dividend of $0.1637 per share. The ex-dividend date was Monday, December 30th.

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.