WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Sees Unusually-High Trading Volume - Here's What Happened

Key Points

• WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ: UNIY) experienced a significant increase in trading volume, with approximately 899,039 shares traded, marking a % increase of 2,653% from the prior session.
• The fund announced a monthly dividend of $0.205, resulting in an annualized dividend of $2.46 and a yield of 5.07%, set to be paid on July 30th.
• Institutional investor West Michigan Advisors LLC increased its holdings in UNIY by 54.1%, acquiring an additional 3,805 shares during the first quarter.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - Get Free Report) shares saw an uptick in trading volume on Wednesday . 899,039 shares traded hands during mid-day trading, an increase of 2,653% from the previous session's volume of 32,662 shares.The stock last traded at $48.45 and had previously closed at $48.31.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Up 0.7%

The company has a fifty day simple moving average of $48.38 and a two-hundred day simple moving average of $48.34.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 30th. Shareholders of record on Monday, July 28th were issued a $0.205 dividend. The ex-dividend date was Monday, July 28th. This represents a c) annualized dividend and a yield of 5.0%.

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 stake in shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - Free Report) by 54.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,833 shares of the company's stock after buying 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 as of its most recent SEC filing.

About WisdomTree Voya Yield Enhanced USD Universal Bond Fund

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.