US Treasury 10 Year Note ETF (NASDAQ:UTEN) Raises Dividend to $0.14 Per Share

US Treasury 10 Year Note ETF (NASDAQ:UTEN) announced a monthly dividend on Monday, December 1st. Shareholders of record on Tuesday, December 2nd will be given a dividend of 0.1418 per share on Wednesday, December 3rd. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, December 2nd. This is a 2.1% increase from US Treasury 10 Year Note ETF’s previous monthly dividend of $0.14.

US Treasury 10 Year Note ETF Stock Performance

Shares of US Treasury 10 Year Note ETF stock opened at $44.47 on Tuesday. The firm’s 50 day simple moving average is $44.43 and its two-hundred day simple moving average is $43.85. US Treasury 10 Year Note ETF has a 12-month low of $41.85 and a 12-month high of $44.92.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UTEN. EverSource Wealth Advisors LLC grew its stake in US Treasury 10 Year Note ETF by 50.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,229 shares of the company’s stock valued at $99,000 after purchasing an additional 747 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of US Treasury 10 Year Note ETF by 67.7% in the third quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock worth $37,000 after purchasing an additional 341 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of US Treasury 10 Year Note ETF during the third quarter worth about $2,143,000. NewEdge Advisors LLC lifted its holdings in shares of US Treasury 10 Year Note ETF by 3.2% during the second quarter. NewEdge Advisors LLC now owns 87,170 shares of the company’s stock worth $3,827,000 after purchasing an additional 2,704 shares during the period. Finally, Flow Traders U.S. LLC boosted its position in US Treasury 10 Year Note ETF by 492.6% in the second quarter. Flow Traders U.S. LLC now owns 71,211 shares of the company’s stock valued at $3,126,000 after buying an additional 59,194 shares during the last quarter.

About US Treasury 10 Year Note ETF

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.