WisdomTree U.S. High Yield Corporate Bond Fund (BATS:QHY – Get Free Report) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 22,679 shares, a decline of 45.8% from the August 15th total of 41,874 shares. Based on an average trading volume of 16,651 shares, the short-interest ratio is presently 1.4 days. Approximately 0.5% of the shares of the stock are short sold.
WisdomTree U.S. High Yield Corporate Bond Fund Price Performance
Shares of BATS:QHY opened at $45.17 on Thursday. WisdomTree U.S. High Yield Corporate Bond Fund has a 12 month low of $44.91 and a 12 month high of $47.00. The company’s 50-day moving average price is $45.70 and its two-hundred day moving average price is $45.84.
Institutional Investors Weigh In On WisdomTree U.S. High Yield Corporate Bond Fund
Several institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new position in WisdomTree U.S. High Yield Corporate Bond Fund during the 2nd quarter worth approximately $201,000. WealthPoint Financial LLC increased its stake in WisdomTree U.S. High Yield Corporate Bond Fund by 10.1% in the first quarter. WealthPoint Financial LLC now owns 10,799 shares of the company’s stock valued at $492,000 after purchasing an additional 990 shares in the last quarter. Western Wealth Management LLC bought a new stake in WisdomTree U.S. High Yield Corporate Bond Fund in the first quarter valued at approximately $71,000. Bank of America Corp DE increased its stake in WisdomTree U.S. High Yield Corporate Bond Fund by 63.8% in the first quarter. Bank of America Corp DE now owns 1,165,892 shares of the company’s stock valued at $53,095,000 after purchasing an additional 454,195 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in WisdomTree U.S. High Yield Corporate Bond Fund by 361.0% in the first quarter. Royal Bank of Canada now owns 4,550 shares of the company’s stock worth $207,000 after purchasing an additional 3,563 shares during the period.
About WisdomTree U.S. High Yield Corporate Bond Fund
The WisdomTree U.S. High Yield Corporate Bond Fund (QHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index composed of high-yield, US corporate bonds. Constituents are selected and weighted by fundamental factors and bond risk characteristics. QHY was launched on Apr 27, 2016 and is issued by WisdomTree.
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