WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Shares Down 0.1% - Here's Why

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) dropped 0.1% during trading on Wednesday . The stock traded as low as $22.37 and last traded at $22.39. Approximately 15,479 shares traded hands during trading, a decline of 63% from the average daily volume of 42,183 shares. The stock had previously closed at $22.41.

WisdomTree Interest Rate Hedged High Yield Bond Fund Trading Up 0.1%

The firm's 50 day moving average is $22.25 and its 200 day moving average is $22.19.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 25th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Wednesday, June 25th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.89%.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of large investors have recently made changes to their positions in the company. Oregon Pacific Wealth Management LLC raised its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.3% during the first quarter. Oregon Pacific Wealth Management LLC now owns 22,312 shares of the company's stock valued at $488,000 after acquiring an additional 924 shares during the period. Howard Capital Management Inc. raised its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 5.1% during the first quarter. Howard Capital Management Inc. now owns 36,446 shares of the company's stock valued at $798,000 after acquiring an additional 1,754 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 65,124 shares of the company's stock valued at $1,465,000 after acquiring an additional 2,529 shares during the period. Advisory Alpha LLC raised its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 6.8% during the first quarter. Advisory Alpha LLC now owns 45,572 shares of the company's stock valued at $998,000 after acquiring an additional 2,891 shares during the period. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.7% during the first quarter. Integrated Wealth Concepts LLC now owns 140,393 shares of the company's stock valued at $3,073,000 after acquiring an additional 3,729 shares during the period.

WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile

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.