WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY) Shares Up 0.3% – Time to Buy?

Shares of WisdomTree U.S. High Yield Corporate Bond Fund (BATS:WFHY) shot up 0.3% during mid-day trading on Tuesday . The company traded as high as $45.68 and last traded at $45.65. 10,226 shares were traded during mid-day trading, The stock had previously closed at $45.53.

WisdomTree U.S. High Yield Corporate Bond Fund Trading Up 0.3 %

The company’s 50 day moving average is $45.52 and its 200-day moving average is $45.70.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. NBC Securities Inc. lifted its stake in WisdomTree U.S. High Yield Corporate Bond Fund by 29.5% during the third quarter. NBC Securities Inc. now owns 17,942 shares of the company’s stock worth $828,000 after purchasing an additional 4,089 shares during the last quarter. Oxinas Partners Wealth Management LLC lifted its position in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 9.0% in the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 16,805 shares of the company’s stock worth $776,000 after buying an additional 1,382 shares during the last quarter. Leo Wealth LLC boosted its holdings in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 5.0% in the 3rd quarter. Leo Wealth LLC now owns 163,573 shares of the company’s stock valued at $7,555,000 after buying an additional 7,815 shares during the period. Team Financial Group LLC grew its position in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 7.7% during the 3rd quarter. Team Financial Group LLC now owns 11,768 shares of the company’s stock valued at $544,000 after buying an additional 846 shares during the last quarter. Finally, Goldstone Financial Group LLC acquired a new stake in WisdomTree U.S. High Yield Corporate Bond Fund during the third quarter worth about $3,042,000.

About WisdomTree U.S. High Yield Corporate Bond Fund

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.