US Treasury 20 Year Bond ETF (NASDAQ:UTWY) Trading 0.3% Higher – Still a Buy?

Shares of US Treasury 20 Year Bond ETF (NASDAQ:UTWY) traded up 0.3% during trading on Thursday . The stock traded as high as $43.58 and last traded at $43.5790. 2,182 shares traded hands during trading, a decline of 13% from the average session volume of 2,520 shares. The stock had previously closed at $43.44.

US Treasury 20 Year Bond ETF Price Performance

The business’s 50-day simple moving average is $43.85 and its two-hundred day simple moving average is $43.85.

US Treasury 20 Year Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a dividend of $0.161 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Tuesday, December 30th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in US Treasury 20 Year Bond ETF stock. Flow Traders U.S. LLC purchased a new position in shares of US Treasury 20 Year Bond ETF (NASDAQ:UTWY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,580 shares of the company’s stock, valued at approximately $244,000. Flow Traders U.S. LLC owned approximately 2.54% of US Treasury 20 Year Bond ETF as of its most recent SEC filing.

US Treasury 20 Year Bond ETF Company Profile

The US Treasury 20 Year Bond ETF (UTWY) 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, 20-year US Treasury note. The fund is designed for those specifically required to track the 20-year tenor on the yield curve UTWY was launched on Mar 28, 2023 and is managed by F/m Investments.