US Treasury 3 Year Note ETF (NASDAQ:UTRE) Stock Breaks Above Fifty Day Moving Average – Here’s What Happened
by Danessa Lincoln · The Markets DailyUS Treasury 3 Year Note ETF (NASDAQ:UTRE – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $48.38 and traded as high as $48.45. US Treasury 3 Year Note ETF shares last traded at $48.43, with a volume of 19,300 shares trading hands.
US Treasury 3 Year Note ETF Stock Performance
The business has a 50 day moving average of $48.38 and a 200-day moving average of $49.14.
US Treasury 3 Year Note ETF Company Profile
The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve. UTRE was launched on Mar 28, 2023 and is managed by US Benchmark Series.
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