Private Trust Co. NA Raises Stock Holdings in US Treasury 2 Year Note ETF (NASDAQ:UTWO)

Private Trust Co. NA lifted its stake in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 825.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,700 shares of the company’s stock after acquiring an additional 3,300 shares during the period. Private Trust Co. NA’s holdings in US Treasury 2 Year Note ETF were worth $178,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new position in US Treasury 2 Year Note ETF in the 4th quarter valued at about $6,564,000. Wealthquest Corp raised its position in shares of US Treasury 2 Year Note ETF by 3.2% in the fourth quarter. Wealthquest Corp now owns 800,075 shares of the company’s stock valued at $38,454,000 after buying an additional 25,010 shares during the last quarter. Crews Bank & Trust purchased a new position in shares of US Treasury 2 Year Note ETF during the fourth quarter valued at approximately $177,000. Finally, 49 Wealth Management LLC boosted its position in US Treasury 2 Year Note ETF by 19.9% during the third quarter. 49 Wealth Management LLC now owns 76,372 shares of the company’s stock worth $3,724,000 after acquiring an additional 12,658 shares during the last quarter.

US Treasury 2 Year Note ETF Stock Down 0.2 %

UTWO stock opened at $48.29 on Tuesday. The company has a 50 day moving average price of $48.12 and a two-hundred day moving average price of $48.28. US Treasury 2 Year Note ETF has a one year low of $47.56 and a one year high of $48.86.

US Treasury 2 Year Note ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd will be given a $0.1604 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

US Treasury 2 Year Note ETF Profile

The US Treasury 2 Year Note ETF (UTWO) is an exchange-traded fund that is based on the ICE BofA Current 2 Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 2-year US Treasury note. The fund is designed for those specifically required to track the 2-year tenor on the yield curve.