WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY) Trading Up 0.1% – Still a Buy?

WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY)’s share price rose 0.1% on Tuesday . The company traded as high as $45.63 and last traded at $45.57. Approximately 14,680 shares changed hands during mid-day trading, The stock had previously closed at $45.51.

WisdomTree U.S. High Yield Corporate Bond Fund Trading Up 0.1 %

The company has a fifty day moving average of $45.56 and a two-hundred day moving average of $45.65.

Institutional Investors Weigh In On WisdomTree U.S. High Yield Corporate Bond Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC bought a new stake in WisdomTree U.S. High Yield Corporate Bond Fund during the 2nd quarter valued at about $1,962,000. NBC Securities Inc. raised its stake in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 29.5% during the third quarter. NBC Securities Inc. now owns 17,942 shares of the company’s stock valued at $828,000 after acquiring an additional 4,089 shares in the last quarter. Oxinas Partners Wealth Management LLC boosted its holdings in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 9.0% in the third quarter. Oxinas Partners Wealth Management LLC now owns 16,805 shares of the company’s stock valued at $776,000 after purchasing an additional 1,382 shares during the period. Leo Wealth LLC grew its stake in WisdomTree U.S. High Yield Corporate Bond Fund by 5.0% in the third quarter. Leo Wealth LLC now owns 163,573 shares of the company’s stock worth $7,555,000 after purchasing an additional 7,815 shares in the last quarter. Finally, Team Financial Group LLC increased its holdings in WisdomTree U.S. High Yield Corporate Bond Fund by 7.7% during the 3rd quarter. Team Financial Group LLC now owns 11,768 shares of the company’s stock worth $544,000 after purchasing an additional 846 shares during the period.

WisdomTree U.S. High Yield Corporate Bond Fund Company Profile

The WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) 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. WFHY was launched on Apr 27, 2016 and is managed by WisdomTree.