WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY) Trading 0.1% Higher – Time to Buy?

Shares of WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY) shot up 0.1% during mid-day trading on Tuesday . The stock traded as high as $45.63 and last traded at $45.57. 14,680 shares changed hands during trading, The stock had previously closed at $45.51.

WisdomTree U.S. High Yield Corporate Bond Fund Stock Performance

The company’s fifty day moving average is $45.56 and its 200-day moving average is $45.65.

Institutional Investors Weigh In On WisdomTree U.S. High Yield Corporate Bond Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC purchased a new stake in shares of WisdomTree U.S. High Yield Corporate Bond Fund during the second quarter valued at about $1,962,000. NBC Securities Inc. grew its position in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 29.5% in the 3rd quarter. NBC Securities Inc. now owns 17,942 shares of the company’s stock worth $828,000 after buying an additional 4,089 shares during the last quarter. Oxinas Partners Wealth Management LLC raised its stake in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 9.0% during the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 16,805 shares of the company’s stock worth $776,000 after acquiring an additional 1,382 shares in the last quarter. Leo Wealth LLC lifted its position in WisdomTree U.S. High Yield Corporate Bond Fund by 5.0% during the third quarter. Leo Wealth LLC now owns 163,573 shares of the company’s stock valued at $7,555,000 after acquiring an additional 7,815 shares during the last quarter. Finally, Team Financial Group LLC boosted its stake in WisdomTree U.S. High Yield Corporate Bond Fund by 7.7% in the third quarter. Team Financial Group LLC now owns 11,768 shares of the company’s stock valued at $544,000 after acquiring an additional 846 shares in the last quarter.

WisdomTree U.S. High Yield Corporate Bond Fund Company Profile

The WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index composed of high-yield, US corporate bonds. Constituents are selected and weighted by fundamental factors and bond risk characteristics. WFHY was launched on Apr 27, 2016 and is managed by WisdomTree.