WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 2,100 shares, a decline of 89.6% from the March 15th total of 20,100 shares. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 58,000 shares, the days-to-cover ratio is currently 0.0 days.
WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance
Shares of NASDAQ:HYZD traded up $0.07 during trading on Friday, hitting $21.65. The company had a trading volume of 19,579 shares, compared to its average volume of 44,517. The company has a fifty day simple moving average of $22.04 and a two-hundred day simple moving average of $22.27. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $20.65 and a one year high of $22.71.
WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th were given a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a dividend yield of 6.93%. This is an increase from WisdomTree Interest Rate Hedged High Yield Bond Fund's previous monthly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, March 26th.
Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund
Several hedge funds have recently made changes to their positions in the company. Elevation Capital Advisory LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at about $6,279,000. GeoWealth Management LLC bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at about $6,279,000. LPL Financial LLC grew its position 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 worth $16,312,000 after buying an additional 140,009 shares during the last quarter. Vicus Capital bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter worth approximately $2,536,000. Finally, Raymond James Financial Inc. purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter valued at approximately $1,482,000.
About WisdomTree Interest Rate Hedged High Yield Bond Fund
(
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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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