WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Shares Up 0.1% – What’s Next?

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD)’s stock price was up 0.1% during trading on Friday . The company traded as high as $22.50 and last traded at $22.4750. Approximately 18,262 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 45,446 shares. The stock had previously closed at $22.45.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Up 0.1%

The business’s fifty day moving average price is $22.47 and its 200 day moving average price is $22.41.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 30th. Shareholders of record on Tuesday, October 28th were given a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend was Tuesday, October 28th. This is a positive change from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous monthly dividend of $0.11.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of HYZD. LPL Financial LLC lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 38.7% during the first quarter. LPL Financial LLC now owns 1,017,141 shares of the company’s stock worth $22,265,000 after purchasing an additional 283,707 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 2nd quarter worth $10,086,000. Envestnet Asset Management Inc. boosted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.6% in the third quarter. Envestnet Asset Management Inc. now owns 350,027 shares of the company’s stock valued at $7,869,000 after acquiring an additional 15,334 shares in the last quarter. Elevation Capital Advisory LLC purchased a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the third quarter valued at about $5,209,000. Finally, Integrated Wealth Concepts LLC raised its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 3.8% during the third quarter. Integrated Wealth Concepts LLC now owns 153,518 shares of the company’s stock worth $3,451,000 after purchasing an additional 5,669 shares in the last quarter.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

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.