Free Trial

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Reaches New 52-Week High - Time to Buy?

WisdomTree Voya Yield Enhanced USD Universal Bond Fund logo with Finance background

Key Points

  • WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) reached a new 52-week high at $49.75, indicating positive market momentum.
  • A recent capital increase was noted as West Michigan Advisors LLC raised its stake in the fund by 54.1%, bringing their total holdings to 10,833 shares.
  • The fund invests primarily in USD-denominated bonds and is designed to enhance yield through a tier-weighting methodology.
  • Five stocks to consider instead of WisdomTree Voya Yield Enhanced USD Universal Bond Fund.

Shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $49.74 and last traded at $49.75, with a volume of 10 shares trading hands. The stock had previously closed at $49.60.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Up 0.3%

The business has a fifty day moving average price of $49.19 and a two-hundred day moving average price of $48.61.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC grew its position in WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - Free Report) by 54.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,833 shares of the company's stock after purchasing an additional 3,805 shares during the period. West Michigan Advisors LLC's holdings in WisdomTree Voya Yield Enhanced USD Universal Bond Fund were worth $526,000 at the end of the most recent quarter.

About WisdomTree Voya Yield Enhanced USD Universal Bond Fund

(Get Free Report)

The WisdomTree Voya Yield Enhanced USD Universal Bond Fund ETF (UNIY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is passively managed to hold a broad portfolio of USD-denominated bonds of various credit quality and maturity. The index uses a tier-weighting methodology that weights a portion of the portfolio for enhanced yield.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in WisdomTree Voya Yield Enhanced USD Universal Bond Fund Right Now?

Before you consider WisdomTree Voya Yield Enhanced USD Universal Bond Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WisdomTree Voya Yield Enhanced USD Universal Bond Fund wasn't on the list.

While WisdomTree Voya Yield Enhanced USD Universal Bond Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.