WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Trading Down 0.4% – What’s Next?

Shares of WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) were down 0.4% on Tuesday . The company traded as low as $25.34 and last traded at $25.29. Approximately 9 shares changed hands during trading, a decline of 100% from the average session volume of 2,831 shares. The stock had previously closed at $25.38.

WisdomTree Core Laddered Municipal Fund Stock Down 0.4%

The stock’s 50 day moving average price is $25.51 and its two-hundred day moving average price is $25.72.

Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund

An institutional investor recently raised its stake in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC lifted its stake in shares of WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) by 34.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,410 shares of the company’s stock after purchasing an additional 6,817 shares during the period. Commonwealth Equity Services LLC owned approximately 6.60% of WisdomTree Core Laddered Municipal Fund worth $683,000 at the end of the most recent reporting period.

WisdomTree Core Laddered Municipal Fund Company Profile

The WisdomTree Core Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in municipal debt securities with an average duration between four and eight years. It may invest up to 30% of its net assets in municipal securities subject to the federal alternative minimum tax.