WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Trading Down 0% - Should You Sell?

Key Points

• The shares of WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) were down 0% during mid-day trading, fluctuating between $22.33 and $22.35 with a significant drop in trading volume.
• Recently, the fund declared a $0.115 dividend to investors recorded as of July 28th, which was paid on July 30th.
• Several hedge funds, including Comerica Bank and Atria Wealth Solutions Inc., have recently increased their stakes in the fund, indicating growing institutional interest.

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) dropped 0% on Thursday . The company traded as low as $22.33 and last traded at $22.35. Approximately 19,823 shares traded hands during trading, a decline of 55% from the average daily volume of 44,417 shares. The stock had previously closed at $22.36.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

The business's 50-day moving average price is $22.35 and its 200 day moving average price is $22.19.

WisdomTree Interest Rate Hedged High Yield Bond Fund Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 30th. Investors of record on Monday, July 28th were paid a $0.115 dividend. The ex-dividend date was Monday, July 28th.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

Institutional investors have recently added to or reduced their stakes in the business. Oregon Pacific Wealth Management LLC increased 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 worth $488,000 after acquiring an additional 924 shares during the period. Advisory Alpha LLC increased its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.4% in the 2nd quarter. Advisory Alpha LLC now owns 46,650 shares of the company's stock worth $1,044,000 after acquiring an additional 1,078 shares during the period. Howard Capital Management Inc. increased its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 5.1% in the 1st quarter. Howard Capital Management Inc. now owns 36,446 shares of the company's stock worth $798,000 after acquiring an additional 1,754 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 2nd quarter worth about $52,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 65,124 shares of the company's stock worth $1,465,000 after acquiring an additional 2,529 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.