WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 2,463 shares, a growth of 171.0% from the April 30th total of 909 shares. Based on an average daily trading volume, of 6,878 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.
WisdomTree Mortgage Plus Bond Fund Stock Performance
Shares of WisdomTree Mortgage Plus Bond Fund stock traded up $0.08 during trading on Friday, reaching $44.06. The company’s stock had a trading volume of 10,198 shares, compared to its average volume of 10,527. The stock has a 50-day moving average price of $44.19 and a two-hundred day moving average price of $44.52. WisdomTree Mortgage Plus Bond Fund has a one year low of $43.14 and a one year high of $45.48.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in MTGP. Aptus Capital Advisors LLC bought a new position in shares of WisdomTree Mortgage Plus Bond Fund in the fourth quarter valued at about $89,000. JPMorgan Chase & Co. raised its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock valued at $183,000 after buying an additional 487 shares during the last quarter. Gateway Wealth Partners LLC raised its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 11.6% in the fourth quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock valued at $261,000 after buying an additional 607 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 5.7% in the first quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock valued at $264,000 after buying an additional 323 shares during the last quarter. Finally, Golden State Equity Partners raised its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 36.7% in the fourth quarter. Golden State Equity Partners now owns 6,554 shares of the company’s stock valued at $292,000 after buying an additional 1,760 shares during the last quarter.
About WisdomTree Mortgage Plus Bond Fund
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.
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