US Treasury 2 Year Note ETF (NASDAQ:UTWO) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

US Treasury 2 Year Note ETF (NASDAQ:UTWO)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $48.23 and traded as low as $48.11. US Treasury 2 Year Note ETF shares last traded at $48.18, with a volume of 43,311 shares.

US Treasury 2 Year Note ETF Stock Up 0.1 %

The stock’s fifty day simple moving average is $48.26 and its two-hundred day simple moving average is $48.23.

US Treasury 2 Year Note ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a dividend of $0.1348 per share. This represents a $1.62 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date was Friday, November 1st.

Institutional Investors Weigh In On US Treasury 2 Year Note ETF

A hedge fund recently raised its stake in US Treasury 2 Year Note ETF stock. 49 Wealth Management LLC grew its position in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 76,372 shares of the company’s stock after buying an additional 12,658 shares during the quarter. US Treasury 2 Year Note ETF accounts for 0.6% of 49 Wealth Management LLC’s portfolio, making the stock its 28th largest position. 49 Wealth Management LLC owned about 0.79% of US Treasury 2 Year Note ETF worth $3,724,000 at the end of the most recent quarter.

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.