WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Trading Up 0.1% – Should You Buy?

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZDGet Free Report)’s stock price was up 0.1% during mid-day trading on Tuesday . The company traded as high as $22.65 and last traded at $22.58. Approximately 59,826 shares were traded during mid-day trading, an increase of 39% from the average daily volume of 43,042 shares. The stock had previously closed at $22.56.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Up 0.1%

The stock has a fifty day moving average of $22.43 and a 200-day moving average of $22.18.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 25th were issued a $0.11 dividend. The ex-dividend date was Wednesday, June 25th. This represents a c) dividend on an annualized basis and a yield of 5.8%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HYZD. B. Riley Wealth Advisors Inc. acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the second quarter valued at $10,086,000. LPL Financial LLC raised its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 38.7% in the first quarter. LPL Financial LLC now owns 1,017,141 shares of the company’s stock valued at $22,265,000 after buying an additional 283,707 shares in the last quarter. Jane Street Group LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at $1,229,000. Ameriprise Financial Inc. raised its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.2% in the fourth quarter. Ameriprise Financial Inc. now owns 210,502 shares of the company’s stock valued at $4,682,000 after buying an additional 24,568 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter valued at $512,000.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

(Get Free Report)

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.

Further Reading

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