Shares of WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) traded down 0.3% on Wednesday . The company traded as low as $14.49 and last traded at $14.55. 30,444 shares were traded during trading, a decline of 23% from the average session volume of 39,537 shares. The stock had previously closed at $14.60.
WisdomTree Alternative Income Fund Stock Down 0.3%
The firm’s 50 day simple moving average is $15.57 and its 200-day simple moving average is $16.18. The company has a market capitalization of $50.93 million, a PE ratio of 9.57 and a beta of 0.99.
Institutional Trading of WisdomTree Alternative Income Fund
Institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC acquired a new stake in WisdomTree Alternative Income Fund in the 3rd quarter valued at $45,000. Kestra Advisory Services LLC purchased a new stake in shares of WisdomTree Alternative Income Fund in the fourth quarter worth about $80,000. Osaic Holdings Inc. grew its stake in shares of WisdomTree Alternative Income Fund by 18.9% in the fourth quarter. Osaic Holdings Inc. now owns 12,869 shares of the company’s stock valued at $204,000 after buying an additional 2,047 shares in the last quarter. WealthPLAN Partners LLC acquired a new stake in shares of WisdomTree Alternative Income Fund in the fourth quarter valued at about $226,000. Finally, Breachway Investments LLC purchased a new stake in shares of WisdomTree Alternative Income Fund during the 4th quarter valued at about $313,000.
WisdomTree Alternative Income Fund Company Profile
The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.
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