WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Shares Up 0.1% - Here's Why

Key Points

• The WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ: UNIY) saw its shares increase by 0.1% during mid-day trading, last priced at $49.34.
• Trading volume for the fund dropped significantly, with only 9 shares traded, compared to the average daily volume of 29,190 shares.
• A hedge fund, West Michigan Advisors LLC, raised its stake in the fund by 54.1%, holding a total of 10,833 shares valued at approximately $526,000.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - ) shares rose 0.1% during mid-day trading on Wednesday . The company traded as high as $49.32 and last traded at $49.34. Approximately 9 shares were traded during trading, a decline of 100% from the average daily volume of 29,190 shares. The stock had previously closed at $49.31.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Performance

The business has a 50-day moving average of $49.12 and a two-hundred day moving average of $48.58.

Institutional Trading of WisdomTree Voya Yield Enhanced USD Universal Bond Fund

A hedge fund recently raised its stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC lifted 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 disclosure with the Securities and 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 at the end of the most recent quarter.

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.

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