WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Trading Up 0.1% – Should You Buy?

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) was up 0.1% during trading on Wednesday . The stock traded as high as $25.47 and last traded at $25.4950. Approximately 2 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 579 shares. The stock had previously closed at $25.48.

WisdomTree High Income Laddered Municipal Fund Trading Up 0.1%

The stock’s fifty day moving average is $25.65 and its 200 day moving average is $25.53.

WisdomTree High Income Laddered Municipal Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 26th were issued a dividend of $0.085 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, December 26th.

Institutional Investors Weigh In On WisdomTree High Income Laddered Municipal Fund

An institutional investor recently bought a new position in WisdomTree High Income Laddered Municipal Fund stock. Flow Traders U.S. LLC bought a new stake in shares of WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,113 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned approximately 13.06% of WisdomTree High Income Laddered Municipal Fund as of its most recent SEC filing.

WisdomTree High Income Laddered Municipal Fund Company Profile

The WisdomTree High Income Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate a high level of current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in both investment-grade and high-yield municipal debt securities with an average duration between five and ten years. It focuses on securities expected to mature or have an option to be called or tendered within 15 years.