US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Shares Pass Below 200 Day Moving Average – Here’s What Happened

US Treasury 30 Year Bond ETF (NASDAQ:UTHY)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $44.98 and traded as low as $43.89. US Treasury 30 Year Bond ETF shares last traded at $43.90, with a volume of 5,729 shares.

US Treasury 30 Year Bond ETF Stock Performance

The business’s 50-day moving average is $44.08 and its 200 day moving average is $44.97.

US Treasury 30 Year Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1505 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.81 annualized dividend and a dividend yield of 4.20%.

Institutional Investors Weigh In On US Treasury 30 Year Bond ETF

A hedge fund recently bought a new stake in US Treasury 30 Year Bond ETF stock. Flow Traders U.S. LLC acquired a new stake in US Treasury 30 Year Bond ETF (NASDAQ:UTHY) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 58,279 shares of the company’s stock, valued at approximately $2,724,000. Flow Traders U.S. LLC owned approximately 14.94% of US Treasury 30 Year Bond ETF at the end of the most recent reporting period.

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.