WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Stock Price Down 0.3% – Time to Sell?

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) fell 0.3% on Friday . The stock traded as low as $22.35 and last traded at $22.37. 38,097 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 45,730 shares. The stock had previously closed at $22.43.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

The company has a 50-day moving average price of $22.49 and a two-hundred day moving average price of $22.35.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 30th. Shareholders of record on Tuesday, October 28th were issued a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend was Tuesday, October 28th. This is a boost from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous monthly dividend of $0.11.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of large investors have recently modified their holdings of HYZD. AE Wealth Management LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the third quarter valued at approximately $28,000. Global Retirement Partners LLC lifted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 539.6% in the 3rd quarter. Global Retirement Partners LLC now owns 1,324 shares of the company’s stock worth $30,000 after purchasing an additional 1,117 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 2nd quarter valued at $52,000. NewEdge Advisors LLC purchased a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter valued at $117,000. Finally, Comerica Bank increased its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 1,145.5% in the first quarter. Comerica Bank now owns 7,747 shares of the company’s stock worth $170,000 after purchasing an additional 7,125 shares during the period.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

The WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a long\u002Fshort net-zero duration bond index that’s long US high-yield issues and short Treasury futures. HYZD was launched on Dec 18, 2013 and is managed by WisdomTree.