US Treasury 10 Year Note ETF (NASDAQ:UTEN) Shares Climb 0.5% – Still a Buy?

Shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) traded up 0.5% on Thursday. The company traded as high as $40.71 and last traded at $40.69. Approximately 194,354 shares traded hands during mid-day trading, an increase of 144% from the average session volume of 79,506 shares. The stock had previously closed at $40.50.

US Treasury 10 Year Note ETF Stock Down 0.0%

The company’s 50 day moving average is $41.77 and its 200 day moving average is $42.69.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Sound Income Strategies LLC acquired a new stake in US Treasury 10 Year Note ETF in the 1st quarter worth approximately $28,000. Bank of New Hampshire increased its position in shares of US Treasury 10 Year Note ETF by 143.3% in the 3rd quarter. Bank of New Hampshire now owns 2,190 shares of the company’s stock valued at $89,000 after acquiring an additional 1,290 shares during the period. Finally, NewEdge Advisors LLC raised its stake in US Treasury 10 Year Note ETF by 5.1% in the 2nd quarter. NewEdge Advisors LLC now owns 36,720 shares of the company’s stock worth $1,586,000 after acquiring an additional 1,795 shares during the last quarter.

About US Treasury 10 Year Note ETF

(Get Free Report)

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. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.

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