WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 4,400 shares, a drop of 91.4% from the December 31st total of 51,100 shares. Based on an average daily volume of 30,800 shares, the days-to-cover ratio is currently 0.1 days.
WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance
Shares of NASDAQ:HYZD traded down $0.04 on Friday, hitting $22.54. The company had a trading volume of 131,677 shares, compared to its average volume of 55,644. The stock has a 50 day moving average price of $22.45 and a 200 day moving average price of $22.22. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1-year low of $21.33 and a 1-year high of $22.71.
WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend
The business also recently declared a dividend, which was paid on Thursday, January 30th. Investors of record on Tuesday, January 28th were paid a $0.11 dividend. The ex-dividend date was Tuesday, January 28th.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of HYZD. Duncan Williams Asset Management LLC acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the third quarter valued at approximately $583,000. Wealth Enhancement Advisory Services LLC boosted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 340.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 57,980 shares of the company's stock valued at $1,284,000 after purchasing an additional 44,825 shares during the period. Moloney Securities Asset Management LLC grew its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.8% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 14,637 shares of the company's stock valued at $324,000 after buying an additional 1,055 shares in the last quarter. Prospera Financial Services Inc bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter worth $324,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 5.6% during the third quarter. Integrated Wealth Concepts LLC now owns 125,157 shares of the company's stock worth $2,771,000 after buying an additional 6,600 shares in the last quarter.
WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile
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Get Free Report)
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.
Further Reading
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