Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) fell 0.3% during mid-day trading on Wednesday . The company traded as low as $22.26 and last traded at $22.30. 11,841 shares changed 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 company's fifty day simple moving average is $22.01 and its 200 day simple moving average is $22.20.
WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Thursday, May 29th. Investors of record on Tuesday, May 27th were paid a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $1.44 annualized dividend and a dividend yield of 6.46%.
Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund
Several institutional investors and hedge funds have recently modified their holdings of HYZD. Oregon Pacific Wealth Management LLC grew its stake in 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 worth $488,000 after buying an additional 924 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 8.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 62,683 shares of the company's stock worth $1,394,000 after buying an additional 4,703 shares in the last quarter. Ameriprise Financial Inc. grew its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.2% during the fourth quarter. Ameriprise Financial Inc. now owns 210,502 shares of the company's stock worth $4,682,000 after buying an additional 24,568 shares in the last quarter. United Advisor Group LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth about $494,000. Finally, Jane Street Group LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth about $1,229,000.
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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