US Treasury 5 Year Note ETF (NASDAQ:UFIV) Trading 0.2% Higher – Here’s Why

US Treasury 5 Year Note ETF (NASDAQ:UFIV)’s share price shot up 0.2% during mid-day trading on Wednesday . The company traded as high as $49.40 and last traded at $49.40. 3,833 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 14,194 shares. The stock had previously closed at $49.31.

US Treasury 5 Year Note ETF Stock Performance

The business has a 50-day simple moving average of $49.45 and a two-hundred day simple moving average of $49.23.

US Treasury 5 Year Note ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Tuesday, December 2nd were issued a dividend of $0.1301 per share. The ex-dividend date was Tuesday, December 2nd. This represents a c) annualized dividend and a yield of 3.2%.

Institutional Investors Weigh In On US Treasury 5 Year Note ETF

An institutional investor recently raised its position in US Treasury 5 Year Note ETF stock. Huntington National Bank grew its holdings in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 30.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,467 shares of the company’s stock after buying an additional 573 shares during the quarter. Huntington National Bank owned approximately 0.27% of US Treasury 5 Year Note ETF worth $121,000 at the end of the most recent reporting period.

US Treasury 5 Year Note ETF Company Profile

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.