WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Short Interest Up 23.1% in January

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 10,023 shares, an increase of 23.1% from the December 31st total of 8,141 shares. Based on an average daily trading volume, of 15,493 shares, the short-interest ratio is currently 0.6 days. Approximately 2.5% of the company’s stock are sold short. Approximately 2.5% of the company’s stock are sold short. Based on an average daily trading volume, of 15,493 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WisdomTree Core Laddered Municipal Fund stock. Hobbs Group Advisors LLC acquired a new stake in shares of WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 84,732 shares of the company’s stock, valued at approximately $2,136,000. WisdomTree Core Laddered Municipal Fund comprises 0.7% of Hobbs Group Advisors LLC’s holdings, making the stock its 27th biggest holding. Hobbs Group Advisors LLC owned about 52.96% of WisdomTree Core Laddered Municipal Fund at the end of the most recent quarter.

WisdomTree Core Laddered Municipal Fund Trading Down 0.1%

Shares of WisdomTree Core Laddered Municipal Fund stock opened at $26.04 on Tuesday. WisdomTree Core Laddered Municipal Fund has a 1 year low of $22.50 and a 1 year high of $26.30. The company has a 50-day moving average of $25.91 and a 200 day moving average of $25.70.

WisdomTree Core Laddered Municipal Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were issued a dividend of $0.06 per share. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, January 27th.

WisdomTree Core Laddered Municipal Fund Company Profile

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.