WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Sees Significant Drop in Short Interest

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 5,500 shares, a drop of 77.8% from the January 31st total of 24,800 shares. Based on an average trading volume of 64,100 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. OLD Mission Capital LLC bought a new position in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund during the 4th quarter valued at $443,000. Captrust Financial Advisors boosted its stake in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 0.9% during the 4th quarter. Captrust Financial Advisors now owns 228,639 shares of the company’s stock valued at $5,135,000 after purchasing an additional 1,949 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its holdings in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 4.1% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 14,770 shares of the company’s stock worth $331,000 after acquiring an additional 582 shares during the period.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Stock Performance

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund stock opened at $22.48 on Friday. The stock’s fifty day moving average price is $22.51 and its two-hundred day moving average price is $22.43. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a one year low of $21.84 and a one year high of $22.87.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.90 annualized dividend and a dividend yield of 4.00%.

About WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a long\u002Fshort net-zero-duration bond index that’s long US investment-grade issues and short Treasury futures. AGZD was launched on Dec 18, 2013 and is managed by WisdomTree.