WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Trading 0.1% Higher – Time to Buy?

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU)’s stock price shot up 0.1% during trading on Tuesday . The stock traded as high as $25.91 and last traded at $25.8940. 24 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 6,588 shares. The stock had previously closed at $25.86.

WisdomTree Core Laddered Municipal Fund Stock Performance

The company has a fifty day moving average price of $25.74.

WisdomTree Core Laddered Municipal Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 30th. Stockholders of record on Tuesday, October 28th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, October 28th. This represents a c) annualized dividend and a dividend yield of 3.2%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WisdomTree Core Laddered Municipal Fund stock. Flow Traders U.S. LLC purchased a new stake in shares of WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 31,213 shares of the company’s stock, valued at approximately $787,000. Flow Traders U.S. LLC owned approximately 15.61% of WisdomTree Core Laddered Municipal Fund at the end of the most recent reporting period.

WisdomTree Core Laddered Municipal Fund Company Profile

The WisdomTree Core Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in municipal debt securities with an average duration between four and eight years.