WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Trading Down 0.1% – Here’s What Happened

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was down 0.1% during trading on Wednesday . The company traded as low as $22.50 and last traded at $22.54. Approximately 57,656 shares changed hands during trading, a decline of 1% from the average daily volume of 58,433 shares. The stock had previously closed at $22.56.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

The business’s 50 day simple moving average is $22.46 and its 200-day simple moving average is $22.27.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 30th. Stockholders of record on Tuesday, January 28th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Tuesday, January 28th.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. increased its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.2% in the 4th quarter. Ameriprise Financial Inc. now owns 210,502 shares of the company’s stock valued at $4,682,000 after buying an additional 24,568 shares during the last quarter. Jane Street Group LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth about $1,229,000. Integrated Wealth Concepts LLC raised its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 136,664 shares of the company’s stock worth $3,039,000 after acquiring an additional 11,507 shares during the last quarter. GeoWealth Management LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth approximately $6,279,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at about $1,482,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile

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.