US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Shares of US Treasury 30 Year Bond ETF (NASDAQ:UTHY) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $44.49 and traded as high as $44.78. US Treasury 30 Year Bond ETF shares last traded at $44.78, with a volume of 3,006 shares trading hands.

US Treasury 30 Year Bond ETF Stock Performance

The business has a 50 day moving average price of $44.49 and a two-hundred day moving average price of $44.92.

US Treasury 30 Year Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were given 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 yield of 4.03%.

Hedge Funds 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 purchased a new stake in shares of US Treasury 30 Year Bond ETF (NASDAQ:UTHY) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 58,279 shares of the company’s stock, valued at approximately $2,724,000. Flow Traders U.S. LLC owned 14.94% of US Treasury 30 Year Bond ETF at the end of the most recent reporting period.

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.