US Treasury 10 Year Note ETF (NASDAQ:UTEN) Trading Up 0.6% – Here’s What Happened

by · The Markets Daily

US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) shares shot up 0.6% during mid-day trading on Thursday . The stock traded as high as $41.68 and last traded at $41.67. 172,627 shares changed hands during mid-day trading, an increase of 153% from the average session volume of 68,320 shares. The stock had previously closed at $41.41.

US Treasury 10 Year Note ETF Trading Down 0.5%

The stock’s fifty day simple moving average is $42.32 and its 200-day simple moving average is $43.04.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. Sound Income Strategies LLC acquired a new position in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN – Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 634 shares of the company’s stock, valued at approximately $28,000.

About US Treasury 10 Year Note ETF

(Get Free Report)

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. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.

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