WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Stock Price Down 0.3% – Here’s What Happened

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD)’s share price was down 0.3% on Friday . The company traded as low as $22.35 and last traded at $22.37. Approximately 38,097 shares changed hands during trading, a decline of 17% from the average daily volume of 45,730 shares. The stock had previously closed at $22.43.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

The company’s 50 day moving average price is $22.49 and its 200-day moving average price is $22.35.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 30th. Shareholders of record on Tuesday, October 28th were paid a $0.12 dividend. The ex-dividend date was Tuesday, October 28th. This is a boost from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous monthly dividend of $0.11. This represents a c) annualized dividend and a dividend yield of 6.4%.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Several large investors have recently added to or reduced their stakes in the company. AE Wealth Management LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the third quarter valued at about $28,000. Global Retirement Partners LLC increased its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 539.6% in the third quarter. Global Retirement Partners LLC now owns 1,324 shares of the company’s stock worth $30,000 after purchasing an additional 1,117 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the second quarter valued at approximately $52,000. NewEdge Advisors LLC purchased a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter valued at approximately $117,000. Finally, Comerica Bank lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 1,145.5% during the 1st quarter. Comerica Bank now owns 7,747 shares of the company’s stock valued at $170,000 after buying an additional 7,125 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.