US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Stock Price Up 0.2% – Should You Buy?

US Treasury 30 Year Bond ETF (NASDAQ:UTHY)’s stock price was up 0.2% on Friday . The stock traded as high as $43.21 and last traded at $43.10. Approximately 7,601 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 9,914 shares. The stock had previously closed at $43.03.

US Treasury 30 Year Bond ETF Price Performance

The stock has a 50-day simple moving average of $44.81 and a 200-day simple moving average of $44.87.

US Treasury 30 Year Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were issued a dividend of $0.1505 per share. This represents a $1.81 annualized dividend and a dividend yield of 4.19%. The ex-dividend date was Friday, November 1st.

Institutional Trading of US Treasury 30 Year Bond ETF

An institutional investor recently bought a new position in US Treasury 30 Year Bond ETF stock. Flow Traders U.S. LLC purchased a new stake in US Treasury 30 Year Bond ETF (NASDAQ:UTHY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 58,279 shares of the company’s stock, valued at approximately $2,724,000. Flow Traders U.S. LLC owned about 14.94% of US Treasury 30 Year Bond ETF as of its most recent filing with the Securities and Exchange Commission.

US Treasury 30 Year Bond ETF Company Profile

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.