WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Stock Price Down 0.2% – Should You Sell?

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) fell 0.2% during mid-day trading on Tuesday . The stock traded as low as $22.39 and last traded at $22.42. 14,801 shares were traded during mid-day trading, a decline of 68% from the average session volume of 45,543 shares. The stock had previously closed at $22.46.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

The firm’s 50 day simple moving average is $22.28 and its 200-day simple moving average is $22.06.

WisdomTree Interest Rate Hedged High Yield Bond Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Monday, November 25th will be paid a dividend of $0.115 per share. The ex-dividend date of this dividend is Monday, November 25th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HYZD. Wealth Enhancement Advisory Services LLC acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter worth about $288,000. Moloney Securities Asset Management LLC increased its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.4% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 13,582 shares of the company’s stock worth $297,000 after purchasing an additional 1,810 shares during the last quarter. Prospera Financial Services Inc acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter worth about $324,000. Duncan Williams Asset Management LLC acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter worth about $583,000. Finally, Howard Capital Management Inc. increased its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.5% during the 2nd quarter. Howard Capital Management Inc. now owns 29,055 shares of the company’s stock worth $635,000 after purchasing an additional 3,463 shares during the last quarter.

WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile

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.