WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Announces $0.08 Monthly Dividend

Key Points

• WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) has announced a monthly dividend of $0.08, payable on September 29th to stockholders of record as of September 25th, indicating a 3.8% annualized dividend yield.
• The fund's stock decreased by 0.5% to $25.58, with recent trading volumes significantly lower than its average, indicating potential investor caution.
• Several institutional investors recently increased their stakes in WTBN, notably Envestnet Asset Management Inc., which raised its position by 83.7% in the second quarter.

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN - Get Free Report) announced a monthly dividend on Wednesday, September 24th. Stockholders of record on Thursday, September 25th will be given a dividend of 0.08 per share on Monday, September 29th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Thursday, September 25th.

WisdomTree Bianco Total Return Fund Stock Down 0.5%

WTBN traded down $0.13 on Thursday, hitting $25.58. 2,956 shares of the company traded hands, compared to its average volume of 11,286. The company has a 50 day moving average of $25.51 and a 200-day moving average of $25.29. WisdomTree Bianco Total Return Fund has a 12-month low of $24.50 and a 12-month high of $25.98.

Institutional Trading of WisdomTree Bianco Total Return Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in WTBN. Envestnet Asset Management Inc. increased its position in WisdomTree Bianco Total Return Fund by 83.7% during 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. Park Edge Advisors LLC grew its holdings in WisdomTree Bianco Total Return Fund by 12.3% during the 2nd quarter. Park Edge Advisors LLC now owns 156,458 shares of the company's stock valued at $3,982,000 after buying an additional 17,156 shares during the last quarter. Lionsbridge Wealth Management LLC grew its holdings in WisdomTree Bianco Total Return Fund by 336.8% during the 2nd quarter. Lionsbridge Wealth Management LLC now owns 90,479 shares of the company's stock valued at $2,303,000 after buying an additional 69,767 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in WisdomTree Bianco Total Return Fund by 14,761.0% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 14,861 shares of the company's stock valued at $378,000 after buying an additional 14,761 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in WisdomTree Bianco Total Return Fund during the 4th quarter valued at $305,000.

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.

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