WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Down 20.9% in March

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 9,721 shares, a decrease of 20.9% from the February 26th total of 12,292 shares. Based on an average trading volume of 7,288 shares, the short-interest ratio is currently 1.3 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On WisdomTree Mortgage Plus Bond Fund

A number of hedge funds have recently bought and sold shares of MTGP. Aptus Capital Advisors LLC purchased a new position in shares of WisdomTree Mortgage Plus Bond Fund in the 4th quarter worth $89,000. Centaurus Financial Inc. purchased a new stake in shares of WisdomTree Mortgage Plus Bond Fund during the 2nd quarter valued at about $164,000. Evolution Wealth Management Inc. purchased a new stake in shares of WisdomTree Mortgage Plus Bond Fund during the 2nd quarter valued at about $172,000. JPMorgan Chase & Co. lifted its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock valued at $183,000 after acquiring an additional 487 shares during the last quarter. Finally, Gateway Wealth Partners LLC grew its position in WisdomTree Mortgage Plus Bond Fund by 11.6% in the fourth quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock worth $261,000 after acquiring an additional 607 shares in the last quarter.

WisdomTree Mortgage Plus Bond Fund Stock Performance

Shares of NYSEARCA:MTGP opened at $43.78 on Friday. WisdomTree Mortgage Plus Bond Fund has a 1-year low of $42.75 and a 1-year high of $45.48. The business has a fifty day moving average price of $44.60 and a 200-day moving average price of $44.69.

WisdomTree Mortgage Plus Bond Fund Company Profile

The WisdomTree Mortgage Plus Bond Fund (MTGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of U.S. securitized intermediate-term debt primarily agency mortgage-backed securities, which are rated investment grade and high yield. MTGP was launched on Nov 14, 2019 and is managed by WisdomTree.