WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Shares Down 0.3% – What’s Next?

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) was down 0.3% on Wednesday . The stock traded as low as $48.88 and last traded at $48.88. Approximately 188,653 shares changed hands during mid-day trading, an increase of 269% from the average daily volume of 51,120 shares. The stock had previously closed at $49.03.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Down 0.3%

The firm has a fifty day moving average price of $49.19 and a 200 day moving average price of $49.16.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, January 29th. Investors of record on Tuesday, January 27th will be paid a $0.19 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date is Tuesday, January 27th.

Institutional Trading of WisdomTree Voya Yield Enhanced USD Universal Bond Fund

A hedge fund recently raised its stake 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 55.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,890 shares of the company’s stock after purchasing an additional 6,057 shares during the period. West Michigan Advisors LLC owned 0.06% of WisdomTree Voya Yield Enhanced USD Universal Bond Fund worth $822,000 at the end of the most recent quarter.

About WisdomTree Voya Yield Enhanced USD Universal Bond Fund

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. UNIY was launched on Feb 7, 2023 and is managed by WisdomTree.