WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Plans Dividend Increase – $0.09 Per Share

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) announced a monthly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be paid a dividend of 0.085 per share on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Thursday, June 25th. This is a 21.4% increase from WisdomTree Core Laddered Municipal Fund’s previous monthly dividend of $0.07.

WisdomTree Core Laddered Municipal Fund Stock Down 0.0%

WTMU stock traded down $0.01 during midday trading on Thursday, hitting $25.71. The stock had a trading volume of 579 shares, compared to its average volume of 3,441. WisdomTree Core Laddered Municipal Fund has a 12-month low of $24.94 and a 12-month high of $28.39. The company’s 50-day moving average price is $25.67 and its 200 day moving average price is $25.84.

About WisdomTree Core Laddered Municipal Fund

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. It may invest up to 30% of its net assets in municipal securities subject to the federal alternative minimum tax.