WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Trading Up 0% – Still a Buy?

Shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) shot up 0% during trading on Tuesday . The company traded as high as $49.22 and last traded at $49.21. 114 shares changed hands during trading, a decline of 100% from the average session volume of 25,645 shares. The stock had previously closed at $49.19.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Performance

The company’s fifty day simple moving average is $49.46 and its two-hundred day simple moving average is $48.83.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 30th. Investors of record on Tuesday, October 28th were issued a $0.205 dividend. The ex-dividend date was Tuesday, October 28th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. This is a boost from WisdomTree Voya Yield Enhanced USD Universal Bond Fund’s previous monthly dividend of $0.19.

Institutional Trading of WisdomTree Voya Yield Enhanced USD Universal Bond Fund

An institutional investor recently raised its position in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC raised its stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) by 54.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,833 shares of the company’s stock after purchasing an additional 3,805 shares during the quarter. West Michigan Advisors LLC’s holdings in WisdomTree Voya Yield Enhanced USD Universal Bond Fund were worth $526,000 as of its most recent filing with the Securities & Exchange Commission.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Company Profile

The WisdomTree Voya Yield Enhanced USD Universal Bond Fund ETF (UNIY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is passively managed to hold a broad portfolio of USD-denominated bonds of various credit quality and maturity. The index uses a tier-weighting methodology that weights a portion of the portfolio for enhanced yield.