WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Sees Large Decline in Short Interest

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 8,179 shares, a decrease of 20.0% from the December 31st total of 10,227 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 17,853 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 17,853 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the company’s stock are short sold.

Hedge Funds Weigh In On WisdomTree Mortgage Plus Bond Fund

Several hedge funds have recently made changes to their positions in the company. Jane Street Group LLC increased its holdings in WisdomTree Mortgage Plus Bond Fund by 101.7% in the 2nd quarter. Jane Street Group LLC now owns 68,220 shares of the company’s stock worth $3,030,000 after buying an additional 34,395 shares during the period. Atria Investments Inc grew its position in WisdomTree Mortgage Plus Bond Fund by 14.9% during the third quarter. Atria Investments Inc now owns 137,120 shares of the company’s stock valued at $6,109,000 after buying an additional 17,747 shares during the period. Defined Financial Planning LLC grew its position in shares of WisdomTree Mortgage Plus Bond Fund by 22.6% during the 3rd quarter. Defined Financial Planning LLC now owns 84,968 shares of the company’s stock valued at $3,795,000 after acquiring an additional 15,677 shares during the period. Invenio Wealth Partners LLC grew its holdings in WisdomTree Mortgage Plus Bond Fund by 9.0% in the third quarter. Invenio Wealth Partners LLC now owns 181,920 shares of the company’s stock valued at $8,105,000 after purchasing an additional 15,041 shares during the period. Finally, IHT Wealth Management LLC grew its stake in WisdomTree Mortgage Plus Bond Fund by 9.5% in the 2nd quarter. IHT Wealth Management LLC now owns 169,695 shares of the company’s stock valued at $7,536,000 after acquiring an additional 14,658 shares during the period.

WisdomTree Mortgage Plus Bond Fund Stock Up 0.2%

Shares of NYSEARCA:MTGP traded up $0.09 during trading on Friday, reaching $44.64. The stock had a trading volume of 11,089 shares, compared to its average volume of 17,104. WisdomTree Mortgage Plus Bond Fund has a one year low of $42.75 and a one year high of $45.48. The firm’s 50-day simple moving average is $44.68 and its 200 day simple moving average is $44.55.

WisdomTree Mortgage Plus Bond Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were given a dividend of $0.145 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, January 27th.

WisdomTree Mortgage Plus Bond Fund Company Profile

The WisdomTree Mortgage Plus Bond Fund (MTGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of U.S. securitized intermediate-term debt primarily agency mortgage-backed securities, which are rated investment grade and high yield. MTGP was launched on Nov 14, 2019 and is managed by WisdomTree.