WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Trading Down 0.3% – Here’s What Happened

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN)’s stock price dropped 0.3% during mid-day trading on Tuesday . The stock traded as low as $24.92 and last traded at $24.9250. Approximately 11,739 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 14,834 shares. The stock had previously closed at $25.01.

WisdomTree Bianco Total Return Fund Stock Performance

The business has a 50 day moving average of $25.29 and a 200 day moving average of $25.50.

Institutional Trading of WisdomTree Bianco Total Return Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. acquired a new stake in shares of WisdomTree Bianco Total Return Fund in the 2nd quarter valued at approximately $62,000. Raymond James Financial Inc. acquired a new position in WisdomTree Bianco Total Return Fund during the third quarter valued at approximately $205,000. Jane Street Group LLC bought a new stake in WisdomTree Bianco Total Return Fund in the fourth quarter valued at approximately $251,000. Western Wealth Management LLC acquired a new stake in WisdomTree Bianco Total Return Fund in the first quarter worth $260,000. Finally, Hilltop National Bank acquired a new stake in WisdomTree Bianco Total Return Fund in the fourth quarter worth $588,000.

About WisdomTree Bianco Total Return Fund

The WisdomTree Bianco Total Return Fund (WTBN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a passively managed fund-of-funds, aiming to outperform index-based core fixed income ETFs. The underlying index is constructed utilizing fundamental, rules-based research to select and weight components among broad fixed income exposure globally. WTBN was launched on Dec 20, 2023 and is issued by WisdomTree.