WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU – Get Free Report) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 5,007 shares, a decrease of 20.4% from the February 26th total of 6,291 shares. Based on an average daily trading volume, of 3,287 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.3% of the company’s shares are sold short.
Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund
A number of hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC increased its holdings in WisdomTree Core Laddered Municipal Fund by 12.1% in the 4th quarter. Jane Street Group LLC now owns 31,071 shares of the company’s stock valued at $804,000 after purchasing an additional 3,351 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in WisdomTree Core Laddered Municipal Fund by 34.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 26,410 shares of the company’s stock worth $683,000 after purchasing an additional 6,817 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in WisdomTree Core Laddered Municipal Fund during the second quarter worth $787,000.
WisdomTree Core Laddered Municipal Fund Trading Down 0.0%
Shares of WTMU opened at $25.51 on Monday. WisdomTree Core Laddered Municipal Fund has a 1-year low of $22.50 and a 1-year high of $26.30. The firm has a 50-day simple moving average of $26.03 and a two-hundred day simple moving average of $25.90.
About WisdomTree Core Laddered Municipal Fund
The WisdomTree Core Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in municipal debt securities with an average duration between four and eight years. It may invest up to 30% of its net assets in municipal securities subject to the federal alternative minimum tax.
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