WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Sees Large Volume Increase – Should You Buy?

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) shares saw an uptick in trading volume on Tuesday . 38,972 shares changed hands during mid-day trading, an increase of 49% from the previous session’s volume of 26,145 shares.The stock last traded at $48.13 and had previously closed at $47.98.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Trading Up 0.5%

The firm’s fifty day simple moving average is $48.11 and its 200 day simple moving average is $48.32.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, May 29th. Stockholders of record on Tuesday, May 27th were paid a dividend of $0.20 per share. This is an increase from WisdomTree Voya Yield Enhanced USD Universal Bond Fund’s previous dividend of $0.20. The ex-dividend date was Tuesday, May 27th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC grew its position in WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) by 54.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,833 shares of the company’s stock after buying an additional 3,805 shares during the quarter. West Michigan Advisors LLC’s holdings in WisdomTree Voya Yield Enhanced USD Universal Bond Fund were worth $526,000 at the end of the most recent quarter.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Company Profile

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.