US Treasury 2 Year Note ETF (NASDAQ:UTWO) Shares Purchased by Private Trust Co. NA

Private Trust Co. NA boosted its stake in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 825.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,700 shares of the company’s stock after buying an additional 3,300 shares during the quarter. Private Trust Co. NA’s holdings in US Treasury 2 Year Note ETF were worth $178,000 as of its most recent filing with the Securities and Exchange Commission.

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

US Treasury 2 Year Note ETF Stock Down 0.2 %

NASDAQ:UTWO opened at $48.29 on Tuesday. US Treasury 2 Year Note ETF has a 52-week low of $47.56 and a 52-week high of $48.86. The stock has a fifty day simple moving average of $48.12 and a 200-day simple moving average of $48.28.

US Treasury 2 Year Note ETF Cuts Dividend

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

About US Treasury 2 Year Note ETF

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.