WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Shares Down 0.4% – Here’s Why

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) fell 0.4% during trading on Tuesday . The company traded as low as $25.34 and last traded at $25.29. 9 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 2,831 shares. The stock had previously closed at $25.38.

WisdomTree Core Laddered Municipal Fund Stock Down 0.4%

The company’s fifty day simple moving average is $25.51 and its two-hundred day simple moving average is $25.72.

Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund

A hedge fund recently raised its stake in WisdomTree Core Laddered Municipal Fund stock. Jane Street Group LLC boosted its stake in shares of WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) by 12.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,071 shares of the company’s stock after purchasing an additional 3,351 shares during the quarter. Jane Street Group LLC owned about 7.77% of WisdomTree Core Laddered Municipal Fund worth $804,000 at the end of the most recent reporting period.

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.