WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Trading 0.2% Higher – Here’s Why

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY)’s stock price was up 0.2% during trading on Wednesday . The company traded as high as $49.33 and last traded at $49.33. Approximately 4 shares changed hands during trading, a decline of 100% from the average daily volume of 24,991 shares. The stock had previously closed at $49.22.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Up 0.2%

The company’s fifty day simple moving average is $49.35 and its 200-day simple moving average is $49.04.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 30th. Stockholders of record on Tuesday, October 28th were given a $0.205 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Tuesday, October 28th. This is a positive change from WisdomTree Voya Yield Enhanced USD Universal Bond Fund’s previous monthly dividend of $0.19.

Institutional Investors Weigh In On WisdomTree Voya Yield Enhanced USD Universal Bond Fund

An institutional investor recently raised its position in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC lifted its holdings in shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) by 55.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 16,890 shares of the company’s stock after acquiring an additional 6,057 shares during the period. West Michigan Advisors LLC owned approximately 0.06% of WisdomTree Voya Yield Enhanced USD Universal Bond Fund worth $822,000 at the end of the most recent quarter.

About WisdomTree Voya Yield Enhanced USD Universal Bond Fund

The WisdomTree Voya Yield Enhanced USD Universal Bond Fund ETF (UNIY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is passively managed to hold a broad portfolio of USD-denominated bonds of various credit quality and maturity. The index uses a tier-weighting methodology that weights a portion of the portfolio for enhanced yield. UNIY was launched on Feb 7, 2023 and is managed by WisdomTree.