WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report)'s stock price traded down 0.3% on Wednesday . The company traded as low as $22.26 and last traded at $22.30. 11,841 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 42,033 shares. The stock had previously closed at $22.36.
WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance
The stock's 50-day moving average price is $22.04 and its two-hundred day moving average price is $22.19.
WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Thursday, May 29th. Stockholders of record on Tuesday, May 27th were given a $0.12 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.45%. The ex-dividend date of this dividend was Tuesday, May 27th.
Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund
A number of hedge funds and other institutional investors have recently modified their holdings of HYZD. LPL Financial LLC grew its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 38.7% during the 1st quarter. LPL Financial LLC now owns 1,017,141 shares of the company's stock valued at $22,265,000 after purchasing an additional 283,707 shares during the last quarter. Elevation Capital Advisory LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at about $6,279,000. GeoWealth Management LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at about $6,279,000. Ameriprise Financial Inc. grew its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.2% during the 4th quarter. Ameriprise Financial Inc. now owns 210,502 shares of the company's stock valued at $4,682,000 after purchasing an additional 24,568 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 140,393 shares of the company's stock valued at $3,073,000 after purchasing an additional 3,729 shares during the last quarter.
About WisdomTree Interest Rate Hedged High Yield Bond Fund
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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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