WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Sees Large Volume Increase – Should You Buy?

Shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) saw unusually-high trading volume on Thursday . Approximately 369,807 shares traded hands during mid-day trading, an increase of 1,827% from the previous session’s volume of 19,193 shares.The stock last traded at $48.26 and had previously closed at $48.65.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Price Performance

The business has a 50 day simple moving average of $48.44 and a two-hundred day simple moving average of $48.78.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th were given a dividend of $0.215 per share. The ex-dividend date was Wednesday, March 26th. This is a positive change from WisdomTree Voya Yield Enhanced USD Universal Bond Fund’s previous monthly dividend of $0.21. This represents a $2.58 dividend on an annualized basis and a dividend yield of 5.32%.

Institutional Trading of WisdomTree Voya Yield Enhanced USD Universal Bond Fund

A hedge fund recently bought a new stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC bought a new stake in shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,028 shares of the company’s stock, valued at approximately $337,000.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Company Profile

The WisdomTree Voya Yield Enhanced USD Universal Bond Fund ETF (UNIY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is passively managed to hold a broad portfolio of USD-denominated bonds of various credit quality and maturity. The index uses a tier-weighting methodology that weights a portion of the portfolio for enhanced yield.