WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Stock Price Down 0.3% – Here’s Why

Shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) were down 0.3% during trading on Wednesday . The stock traded as low as $48.88 and last traded at $48.88. Approximately 188,653 shares changed hands during trading, an increase of 269% from the average daily volume of 51,120 shares. The stock had previously closed at $49.03.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Price Performance

The firm has a 50-day moving average price of $49.19 and a 200 day moving average price of $49.16.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, January 29th. Investors of record on Tuesday, January 27th will be given a dividend of $0.19 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Tuesday, January 27th.

Institutional Trading of WisdomTree Voya Yield Enhanced USD Universal Bond Fund

A hedge fund recently raised its stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC lifted its position in shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,420 shares of the company’s stock after acquiring an additional 763 shares during the period. West Michigan Advisors LLC owned approximately 0.06% of WisdomTree Voya Yield Enhanced USD Universal Bond Fund worth $904,000 as of its most recent filing with the Securities and Exchange Commission.

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. UNIY was launched on Feb 7, 2023 and is managed by WisdomTree.