WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Trading 0.1% Higher - Still a Buy?

Key Points

• The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ: AGZD) saw a slight increase of 0.1% in share price, trading around $22.52 during mid-day trading.
• Institutional investor OLD Mission Capital LLC significantly increased its holdings by 306.6% in the first quarter, now owning 80,132 shares worth approximately $1.79 million.
• The fund primarily invests in investment grade fixed income and is designed to hedge against interest rate risks, utilizing a long/short net-zero-duration strategy.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD - )'s share price traded up 0.1% during mid-day trading on Wednesday . The stock traded as high as $22.63 and last traded at $22.52. 6,259 shares were traded during mid-day trading, a decline of 86% from the average session volume of 44,960 shares. The stock had previously closed at $22.49.

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

The company has a 50 day simple moving average of $22.43 and a two-hundred day simple moving average of $22.33.

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

A number of institutional investors have recently modified their holdings of the stock. OLD Mission Capital LLC boosted its holdings in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 306.6% in the first 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. Goodman Advisory Group LLC bought a new position in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund in the second quarter valued at approximately $64,000. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 7.8% in the first quarter. Creative Financial Designs Inc. ADV now owns 15,877 shares of the company's stock worth $355,000 after buying an additional 1,153 shares during the last quarter.

About WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

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.

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