WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) fell 0.4% on Tuesday . The company traded as low as $21.98 and last traded at $22.04. 35,615 shares changed hands during trading, a decline of 16% from the average session volume of 42,205 shares. The stock had previously closed at $22.13.
WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance
The stock has a 50 day simple moving average of $21.84 and a two-hundred day simple moving average of $22.21.
WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend
The company also recently announced a monthly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Tuesday, May 27th will be paid a dividend of $0.12 per share. This represents a $1.44 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date is Tuesday, May 27th.
Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund
A number of institutional investors have recently made changes to their positions in the stock. Oregon Pacific Wealth Management LLC raised its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.3% in the 1st quarter. Oregon Pacific Wealth Management LLC now owns 22,312 shares of the company's stock valued at $488,000 after buying an additional 924 shares during the period. Howard Capital Management Inc. grew its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 5.1% in the first quarter. Howard Capital Management Inc. now owns 36,446 shares of the company's stock valued at $798,000 after purchasing an additional 1,754 shares in the last quarter. Moloney Securities Asset Management LLC increased its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.0% during the 4th quarter. Moloney Securities Asset Management LLC now owns 16,545 shares of the company's stock worth $368,000 after buying an additional 1,908 shares during the period. Advisory Alpha LLC lifted its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 6.8% during the 1st quarter. Advisory Alpha LLC now owns 45,572 shares of the company's stock worth $998,000 after buying an additional 2,891 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 140,393 shares of the company's stock valued at $3,073,000 after buying an additional 3,729 shares during the period.
WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile
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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.
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