WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Short Interest Update

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 1,591 shares, a drop of 32.8% from the January 29th total of 2,367 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,868 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 16,868 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On WisdomTree Bianco Total Return Fund

A number of institutional investors have recently bought and sold shares of the stock. Thrivent Financial for Lutherans acquired a new position in shares of WisdomTree Bianco Total Return Fund in the third quarter worth about $46,264,000. Sanchez Wealth Management Group acquired a new position in WisdomTree Bianco Total Return Fund in the 4th quarter worth approximately $4,302,000. Envestnet Asset Management Inc. boosted its stake in WisdomTree Bianco Total Return Fund by 83.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 217,621 shares of the company’s stock worth $5,538,000 after purchasing an additional 99,140 shares during the period. Royal Bank of Canada acquired a new stake in WisdomTree Bianco Total Return Fund during the 4th quarter valued at $1,147,000. Finally, Hilltop National Bank purchased a new stake in shares of WisdomTree Bianco Total Return Fund in the fourth quarter valued at $588,000.

WisdomTree Bianco Total Return Fund Trading Up 0.2%

Shares of NASDAQ:WTBN opened at $25.78 on Friday. WisdomTree Bianco Total Return Fund has a one year low of $24.56 and a one year high of $26.00. The stock has a fifty day moving average of $25.57 and a 200-day moving average of $25.65.

WisdomTree Bianco Total Return Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.06 per share. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, February 24th.

WisdomTree Bianco Total Return Fund Company Profile

The WisdomTree Bianco Total Return Fund (WTBN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a passively managed fund-of-funds, aiming to outperform index-based core fixed income ETFs. The underlying index is constructed utilizing fundamental, rules-based research to select and weight components among broad fixed income exposure globally. WTBN was launched on Dec 20, 2023 and is issued by WisdomTree.