WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Update

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 13,106 shares, a growth of 190.3% from the June 15th total of 4,514 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average trading volume of 6,846 shares, the short-interest ratio is currently 1.9 days.

Institutional Investors Weigh In On WisdomTree Mortgage Plus Bond Fund

Several institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp increased its stake in WisdomTree Mortgage Plus Bond Fund by 5.7% during the 1st quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock valued at $264,000 after buying an additional 323 shares during the period. JPMorgan Chase & Co. boosted its position in shares of WisdomTree Mortgage Plus Bond Fund by 13.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock valued at $183,000 after purchasing an additional 487 shares in the last quarter. Gateway Wealth Partners LLC grew its stake in shares of WisdomTree Mortgage Plus Bond Fund by 11.6% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock worth $261,000 after purchasing an additional 607 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of WisdomTree Mortgage Plus Bond Fund by 7.0% in the 1st quarter. Cetera Investment Advisers now owns 9,764 shares of the company’s stock worth $432,000 after purchasing an additional 638 shares during the last quarter. Finally, RFG Advisory LLC lifted its stake in WisdomTree Mortgage Plus Bond Fund by 1.8% during the fourth quarter. RFG Advisory LLC now owns 44,134 shares of the company’s stock valued at $1,966,000 after purchasing an additional 775 shares during the last quarter.

WisdomTree Mortgage Plus Bond Fund Trading Down 0.3%

MTGP stock traded down $0.14 during trading on Monday, reaching $43.83. 20,490 shares of the company’s stock were exchanged, compared to its average volume of 9,879. WisdomTree Mortgage Plus Bond Fund has a 1-year low of $43.47 and a 1-year high of $45.48. The company’s fifty day moving average price is $44.06 and its 200-day moving average price is $44.38.

About WisdomTree Mortgage Plus Bond Fund

The WisdomTree Mortgage Plus Bond Fund (MTGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of U.S. securitized intermediate-term debt primarily agency mortgage-backed securities, which are rated investment grade and high yield. MTGP was launched on Nov 14, 2019 and is managed by WisdomTree.