WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Short Interest Update

Key Points

• WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) experienced a notable 76.7% decrease in short interest in August 2023, with only 700 shares short sold as of August 31st.
• The fund recently declared a $0.075 monthly dividend, yielding approximately 4.0%, which was paid out to shareholders of record on June 25th.
• Institutional interest in AGZD grew, with Goodman Advisory Group LLC acquiring a new position worth $64,000 and OLD Mission Capital LLC increasing their holdings by 306.6% in the first quarter.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD - Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 700 shares, a drop of 76.7% from the August 15th total of 3,000 shares. Based on an average trading volume of 27,700 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 27,700 shares, the short-interest ratio is currently 0.0 days.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Price Performance

Shares of NASDAQ:AGZD traded down $0.03 during trading hours on Wednesday, hitting $22.48. The stock had a trading volume of 1,730 shares, compared to its average volume of 46,920. The stock's fifty day simple moving average is $22.36 and its 200 day simple moving average is $22.31. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a 1-year low of $21.86 and a 1-year high of $22.87.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 25th were paid a $0.075 dividend. The ex-dividend date was Wednesday, June 25th. This represents a c) annualized dividend and a dividend yield of 4.0%.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised its holdings in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 7.8% during the first quarter. Creative Financial Designs Inc. ADV now owns 15,877 shares of the company's stock worth $355,000 after purchasing an additional 1,153 shares in the last quarter. Goodman Advisory Group LLC purchased a new position in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund during the 2nd quarter worth approximately $64,000. Finally, OLD Mission Capital LLC grew its position in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 306.6% during the 1st quarter. OLD Mission Capital LLC now owns 80,132 shares of the company's stock worth $1,791,000 after purchasing an additional 60,424 shares in the last quarter.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Company Profile

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a long\u002Fshort net-zero-duration bond index that's long US investment-grade issues and short Treasury futures. AGZD was launched on Dec 18, 2013 and is managed by WisdomTree.