US Treasury 20 Year Bond ETF (NASDAQ:UTWY) Stock Price Up 0.5% – Time to Buy?

US Treasury 20 Year Bond ETF (NASDAQ:UTWY) shares were up 0.5% during trading on Wednesday . The stock 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 company has a 50-day moving average of $44.27 and a 200-day moving average of $43.78.

US Treasury 20 Year Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Tuesday, December 2nd were issued a dividend of $0.1741 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a positive change 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.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in US Treasury 20 Year Bond ETF stock. Flow Traders U.S. LLC acquired a new position in shares of US Treasury 20 Year Bond ETF (NASDAQ:UTWY) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

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.