WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Trading Up 0.1% - Should You Buy?

Key Points

• The WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) saw its share price increase by 0.1%, reaching $49.34 during midday trading on Wednesday.
• Institutional investor West Michigan Advisors LLC increased its stake in the fund by 55.9% in the second quarter, now holding roughly $822,000 worth of the stock.
• The fund primarily invests in a diversified portfolio of USD-denominated bonds across various credit qualities and maturities, aiming for enhanced yield through a tier-weighting methodology.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - )'s share price shot up 0.1% during mid-day trading on Wednesday . The stock traded as high as $49.32 and last traded at $49.34. 9 shares changed hands during trading, a decline of 100% from the average session volume of 29,190 shares. The stock had previously closed at $49.31.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Trading Up 0.1%

The stock has a fifty day moving average of $49.12 and a two-hundred day moving average of $48.58.

Institutional Investors Weigh In On WisdomTree Voya Yield Enhanced USD Universal Bond Fund

An institutional investor recently raised its position in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC boosted its holdings in shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY - Free Report) by 55.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 16,890 shares of the company's stock after acquiring an additional 6,057 shares during the period. West Michigan Advisors LLC owned 0.06% of WisdomTree Voya Yield Enhanced USD Universal Bond Fund worth $822,000 as of its most recent filing with the SEC.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Company Profile

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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