WisdomTree 7-10 Year Laddered Treasury Fund (NASDAQ:USIN) Stock Price Up 1% – Here’s What Happened

Shares of WisdomTree 7-10 Year Laddered Treasury Fund (NASDAQ:USIN) were up 1% during trading on Wednesday . The company traded as high as $48.54 and last traded at $48.54. Approximately 403 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 300 shares. The stock had previously closed at $48.06.

WisdomTree 7-10 Year Laddered Treasury Fund Stock Up 1.0 %

The company’s fifty day simple moving average is $49.23 and its 200 day simple moving average is $50.25.

WisdomTree 7-10 Year Laddered Treasury Fund Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Thursday, December 26th were issued a dividend of $0.1668 per share. This is an increase from WisdomTree 7-10 Year Laddered Treasury Fund’s previous dividend of $0.03. The ex-dividend date was Thursday, December 26th.

Institutional Investors Weigh In On WisdomTree 7-10 Year Laddered Treasury Fund

An institutional investor recently bought a new position in WisdomTree 7-10 Year Laddered Treasury Fund stock. Prestige Wealth Management Group LLC acquired a new stake in shares of WisdomTree 7-10 Year Laddered Treasury Fund (NASDAQ:USIN) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 3,650 shares of the company’s stock, valued at approximately $188,000. Prestige Wealth Management Group LLC owned about 4.56% of WisdomTree 7-10 Year Laddered Treasury Fund at the end of the most recent quarter.

About WisdomTree 7-10 Year Laddered Treasury Fund

The WisdomTree 7-10 Year Laddered Treasury Fund (USIN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an equally weighted index comprised of US Treasurys maturing between 7-10 years. USIN was launched on Mar 14, 2024 and is issued by WisdomTree.