WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (NYSEARCA:AGGY) Reaches New 12-Month Low – Time to Sell?

WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (NYSEARCA:AGGY) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $41.96 and last traded at $41.9250, with a volume of 33453 shares changing hands. The stock had previously closed at $42.29.

WisdomTree Yield Enhanced U.S. Aggregate Bond Fund Price Performance

The company has a 50-day simple moving average of $42.65 and a 200 day simple moving average of $43.23.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AGGY. Grey Ledge Advisors LLC increased its stake in WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 2.5% in the 1st quarter. Grey Ledge Advisors LLC now owns 264,850 shares of the company’s stock worth $11,508,000 after buying an additional 6,456 shares during the period. Ascentis Independent Advisors grew its stake in WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 68.3% in the 1st quarter. Ascentis Independent Advisors now owns 67,064 shares of the company’s stock worth $2,915,000 after acquiring an additional 27,212 shares in the last quarter. Winch Advisory Services LLC increased its position in shares of WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 8.9% during the first quarter. Winch Advisory Services LLC now owns 20,162 shares of the company’s stock worth $876,000 after acquiring an additional 1,646 shares during the period. Bank of New York Mellon Corp increased its position in shares of WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 49.9% during the first quarter. Bank of New York Mellon Corp now owns 18,839 shares of the company’s stock worth $819,000 after acquiring an additional 6,272 shares during the period. Finally, Beacon Financial Group raised its stake in shares of WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 1.6% during the first quarter. Beacon Financial Group now owns 14,878 shares of the company’s stock valued at $646,000 after acquiring an additional 237 shares in the last quarter.

About WisdomTree Yield Enhanced U.S. Aggregate Bond Fund

The WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (AGGY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated investment-grade securities, divided into 20 subcomponents. Subcomponents are reweighted to achieve higher yield-to-worst. AGGY was launched on Jul 9, 2015 and is managed by WisdomTree.