WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY) Stock Price Up 0.2% – Should You Buy?

WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY) shares shot up 0.2% during trading on Tuesday . The company traded as high as $45.70 and last traded at $45.65. 8,546 shares changed hands during mid-day trading, The stock had previously closed at $45.55.

WisdomTree U.S. High Yield Corporate Bond Fund Stock Performance

The firm has a 50 day moving average price of $45.58 and a 200-day moving average price of $45.70.

Institutional Investors Weigh In On WisdomTree U.S. High Yield Corporate Bond Fund

A hedge fund recently raised its stake in WisdomTree U.S. High Yield Corporate Bond Fund stock. Jane Street Group LLC raised its holdings in WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY) by 62.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,538 shares of the company’s stock after acquiring an additional 20,268 shares during the quarter. Jane Street Group LLC owned about 1.05% of WisdomTree U.S. High Yield Corporate Bond Fund worth $2,427,000 as of its most recent SEC filing.

WisdomTree U.S. High Yield Corporate Bond Fund Company Profile

The WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index composed of high-yield, US corporate bonds. Constituents are selected and weighted by fundamental factors and bond risk characteristics. WFHY was launched on Apr 27, 2016 and is managed by WisdomTree.