WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Shares Up 0.3% – Should You Buy?

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD)’s share price traded up 0.3% on Friday . The stock traded as high as $22.60 and last traded at $22.58. 36,619 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 44,987 shares. The stock had previously closed at $22.52.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Up 0.3%

The stock has a 50-day simple moving average of $22.47 and a 200 day simple moving average of $22.44.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 9,014 shares of the company’s stock valued at $202,000 after purchasing an additional 766 shares during the last quarter. Advisory Alpha LLC boosted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.4% during the second quarter. Advisory Alpha LLC now owns 46,650 shares of the company’s stock worth $1,044,000 after buying an additional 1,078 shares during the period. Global Retirement Partners LLC boosted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 539.6% during the third quarter. Global Retirement Partners LLC now owns 1,324 shares of the company’s stock worth $30,000 after buying an additional 1,117 shares during the period. Avestar Capital LLC grew its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.3% in the third quarter. Avestar Capital LLC now owns 56,308 shares of the company’s stock valued at $1,266,000 after buying an additional 1,247 shares in the last quarter. Finally, AE Wealth Management LLC acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the third quarter valued at $28,000.

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.