US Treasury 2 Year Note ETF (NASDAQ:UTWO) Reaches New 1-Year Low – Should You Sell?

US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report)’s share price reached a new 52-week low on Thursday. The company traded as low as $47.06 and last traded at $47.5890, with a volume of 1,001 shares traded. The stock had previously closed at $47.61.

US Treasury 2 Year Note ETF Trading Up 0.0%

The business’s fifty day moving average price is $47.57 and its 200 day moving average price is $48.06.

US Treasury 2 Year Note ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 28th. Investors of record on Thursday, August 27th were issued a dividend of $0.1641 per share. The ex-dividend date was Thursday, August 27th. This is a boost from US Treasury 2 Year Note ETF’s previous dividend of $0.1588.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

A hedge fund recently raised its position in US Treasury 2 Year Note ETF stock. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO – Free Report) by 33.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,113 shares of the company’s stock after acquiring an additional 14,818 shares during the quarter. US Treasury 2 Year Note ETF accounts for about 1.9% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its 17th largest position. Marshall & Sterling Wealth Advisors Inc. owned about 0.64% of US Treasury 2 Year Note ETF worth $2,854,000 at the end of the most recent quarter.

About US Treasury 2 Year Note ETF

(Get Free Report)

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.

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