WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Reaches New 52-Week Low – Here’s Why

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) reached a new 52-week low on Wednesday . The stock traded as low as $47.58 and last traded at $47.6610, with a volume of 81 shares trading hands. The stock had previously closed at $47.76.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Performance

The firm has a 50 day moving average of $48.26 and a 200-day moving average of $48.66.

Institutional Trading of WisdomTree Voya Yield Enhanced USD Universal Bond Fund

A hedge fund recently raised its stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC lifted its position in WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) by 4.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,420 shares of the company’s stock after purchasing an additional 763 shares during the quarter. West Michigan Advisors LLC owned 0.06% of WisdomTree Voya Yield Enhanced USD Universal Bond Fund worth $904,000 at the end of the most recent reporting period.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Company Profile

The WisdomTree Voya Yield Enhanced USD Universal Bond Fund ETF (UNIY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is passively managed to hold a broad portfolio of USD-denominated bonds of various credit quality and maturity. The index uses a tier-weighting methodology that weights a portion of the portfolio for enhanced yield. UNIY was launched on Feb 7, 2023 and is managed by WisdomTree.