WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Sees Large Drop in Short Interest

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 2,500 shares, a decrease of 93.3% from the December 15th total of 37,194 shares. Based on an average daily trading volume, of 11,791 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,791 shares, the days-to-cover ratio is presently 0.2 days.

WisdomTree Bianco Total Return Fund Stock Up 0.0%

NASDAQ:WTBN opened at $25.52 on Wednesday. WisdomTree Bianco Total Return Fund has a 52-week low of $24.50 and a 52-week high of $26.00. The stock has a fifty day simple moving average of $25.64 and a 200-day simple moving average of $25.60.

WisdomTree Bianco Total Return Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 10th were given a dividend of $0.003 per share. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Wednesday, December 10th.

Hedge Funds Weigh In On WisdomTree Bianco Total Return Fund

A number of institutional investors have recently made changes to their positions in WTBN. Hilltop National Bank acquired a new position in WisdomTree Bianco Total Return Fund in the 4th quarter valued at about $588,000. JPMorgan Chase & Co. lifted its stake in shares of WisdomTree Bianco Total Return Fund by 19.7% during the third quarter. JPMorgan Chase & Co. now owns 2,921 shares of the company’s stock valued at $75,000 after buying an additional 481 shares during the period. Raymond James Financial Inc. acquired a new stake in WisdomTree Bianco Total Return Fund during the third quarter worth approximately $205,000. Envestnet Asset Management Inc. raised its holdings in WisdomTree Bianco Total Return Fund by 11.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 242,658 shares of the company’s stock valued at $6,228,000 after acquiring an additional 25,037 shares during the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in shares of WisdomTree Bianco Total Return Fund during the 3rd quarter worth $46,264,000.

About WisdomTree Bianco Total Return Fund

The WisdomTree Bianco Total Return Fund (WTBN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a passively managed fund-of-funds, aiming to outperform index-based core fixed income ETFs. The underlying index is constructed utilizing fundamental, rules-based research to select and weight components among broad fixed income exposure globally. WTBN was launched on Dec 20, 2023 and is issued by WisdomTree.