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WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Shares Up 0.4% - Still a 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) shares increased by 0.4%, closing at $48.99, but trading volume significantly dropped to just 112 shares, a 100% decline from its average volume.
  • The fund recently declared a monthly dividend of $0.205 per share, translating to an annualized yield of 5.0%, with the ex-dividend date occurring on July 28th.
  • An institutional investor, West Michigan Advisors LLC, raised its holdings in the fund by 55.9% during the second quarter, now owning 16,890 shares valued at approximately $822,000.
  • Five stocks to consider instead of WisdomTree Voya Yield Enhanced USD Universal Bond Fund.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - Get Free Report)'s stock price rose 0.4% on Wednesday . The stock traded as high as $48.99 and last traded at $48.99. Approximately 112 shares changed hands during trading, a decline of 100% from the average daily volume of 36,561 shares. The stock had previously closed at $48.80.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Trading Down 0.3%

The company's fifty day moving average is $48.54 and its two-hundred day moving average is $48.39.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Announces Dividend

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

Hedge Funds Weigh In On 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 boosted its holdings in WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - Free Report) by 54.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,833 shares of the company's stock after acquiring an additional 3,805 shares during the quarter. 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

(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.

Further Reading

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