WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD – Get Free Report) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 29,700 shares, a growth of 53.9% from the January 31st total of 19,300 shares. Based on an average daily trading volume, of 44,500 shares, the days-to-cover ratio is currently 0.7 days.
WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance
WisdomTree Interest Rate Hedged High Yield Bond Fund stock opened at $22.17 on Wednesday. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $21.33 and a one year high of $22.71. The business has a 50 day simple moving average of $22.45 and a 200 day simple moving average of $22.31.
WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were given a $0.105 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $1.26 annualized dividend and a yield of 5.68%.
Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund
Several institutional investors have recently bought and sold shares of the business. LPL Financial LLC raised its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 23.6% in the 4th quarter. LPL Financial LLC now owns 733,434 shares of the company’s stock valued at $16,312,000 after purchasing an additional 140,009 shares during the last quarter. Elevation Capital Advisory LLC acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth $6,279,000. GeoWealth Management LLC acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth $6,279,000. Ameriprise Financial Inc. grew its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.2% during the fourth quarter. Ameriprise Financial Inc. now owns 210,502 shares of the company’s stock worth $4,682,000 after purchasing an additional 24,568 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 136,664 shares of the company’s stock worth $3,039,000 after purchasing an additional 11,507 shares during the period.
WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile
The WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a long\u002Fshort net-zero duration bond index that’s long US high-yield issues and short Treasury futures. HYZD was launched on Dec 18, 2013 and is managed by WisdomTree.
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