WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Sees Strong Trading Volume – Time to Buy?

Shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) saw unusually-high trading volume on Wednesday . Approximately 469,161 shares changed hands during trading, an increase of 1,658% from the previous session’s volume of 26,691 shares.The stock last traded at $49.31 and had previously closed at $49.19.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Trading Down 0.2%

The stock’s fifty day moving average price is $49.41 and its two-hundred day moving average price is $48.92.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 30th. Stockholders of record on Tuesday, October 28th were paid a $0.205 dividend. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date 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 Trading of WisdomTree Voya Yield Enhanced USD Universal Bond Fund

A hedge fund recently raised its stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC raised its holdings in WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) by 55.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 about 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.