WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 11,700 shares, a drop of 60.6% from the February 13th total of 29,700 shares. Based on an average daily trading volume, of 52,300 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company's shares are short sold.
Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund
Several institutional investors and hedge funds have recently modified their holdings of the stock. Elevation Capital Advisory LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth about $6,279,000. GeoWealth Management LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth approximately $6,279,000. LPL Financial LLC lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 23.6% in the 4th quarter. LPL Financial LLC now owns 733,434 shares of the company's stock valued at $16,312,000 after purchasing an additional 140,009 shares during the period. Vicus Capital purchased a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at approximately $2,536,000. Finally, Raymond James Financial Inc. bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter valued at approximately $1,482,000.
WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance
Shares of HYZD stock traded up $0.08 during trading hours on Monday, reaching $22.19. The company's stock had a trading volume of 42,752 shares, compared to its average volume of 43,649. The firm's fifty day simple moving average is $22.42 and its 200 day simple moving average is $22.32. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $21.33 and a one year high of $22.71.
WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.105 per share. This represents a $1.26 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date was Tuesday, February 25th.
WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile
(
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The WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a long\u002Fshort net-zero duration bond index that's long US high-yield issues and short Treasury futures. HYZD was launched on Dec 18, 2013 and is managed by WisdomTree.
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