US Treasury 20 Year Bond ETF (NASDAQ:UTWY) Trading 0.5% Higher – Time to Buy?

US Treasury 20 Year Bond ETF (NASDAQ:UTWY)’s share price rose 0.5% during mid-day trading on Wednesday . The company traded as high as $43.89 and last traded at $43.8850. Approximately 866 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 6,435 shares. The stock had previously closed at $43.68.

US Treasury 20 Year Bond ETF Stock Performance

The stock’s 50 day simple moving average is $44.29 and its two-hundred day simple moving average is $43.78.

US Treasury 20 Year Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Tuesday, December 2nd were given a $0.1741 dividend. This is an increase from US Treasury 20 Year Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a c) annualized dividend and a dividend yield of 4.8%.

Institutional Investors Weigh In On US Treasury 20 Year Bond ETF

An institutional investor recently bought a new position in US Treasury 20 Year Bond ETF stock. Flow Traders U.S. LLC acquired a new position in US Treasury 20 Year Bond ETF (NASDAQ:UTWY) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,580 shares of the company’s stock, valued at approximately $244,000. Flow Traders U.S. LLC owned 2.54% of US Treasury 20 Year Bond ETF at the end of the most recent reporting period.

About US Treasury 20 Year Bond ETF

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.