WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Shares Up 0.1% – Still a Buy?

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMUGet Free Report)’s stock price shot up 0.1% during trading on Thursday . The company traded as high as $25.53 and last traded at $25.6150. Approximately 8 shares were traded during trading, a decline of 100% from the average session volume of 3,231 shares. The stock had previously closed at $25.58.

WisdomTree Core Laddered Municipal Fund Stock Up 0.1%

The firm’s 50 day simple moving average is $25.62 and its two-hundred day simple moving average is $25.82.

Institutional Inflows and Outflows

A hedge fund recently raised its position in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC increased its holdings in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMUFree Report) by 34.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,410 shares of the company’s stock after buying an additional 6,817 shares during the period. Commonwealth Equity Services LLC owned 6.60% of WisdomTree Core Laddered Municipal Fund worth $683,000 as of its most recent filing with the Securities and Exchange Commission.

About WisdomTree Core Laddered Municipal Fund

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for WisdomTree Core Laddered Municipal Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Core Laddered Municipal Fund and related companies with MarketBeat.com's FREE daily email newsletter.