US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Stock Price Up 0.2% – Here’s What Happened

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) rose 0.2% during trading on Thursday . The stock traded as high as $42.31 and last traded at $42.27. Approximately 40,470 shares traded hands during mid-day trading, an increase of 99% from the average daily volume of 20,360 shares. The stock had previously closed at $42.19.

US Treasury 30 Year Bond ETF Trading Down 0.3%

The company’s 50-day simple moving average is $41.50 and its two-hundred day simple moving average is $41.86.

US Treasury 30 Year Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 29th were issued a dividend of $0.1599 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Thursday, January 29th.

About US Treasury 30 Year Bond ETF

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve. UTHY was launched on Mar 28, 2023 and is managed by F/m Investments.