WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Down 20.0% in January

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 8,179 shares, a decline of 20.0% from the December 31st total of 10,227 shares. Based on an average trading volume of 17,853 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 17,853 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On WisdomTree Mortgage Plus Bond Fund

A number of hedge funds have recently modified their holdings of the stock. Defined Financial Planning LLC increased its stake in shares of WisdomTree Mortgage Plus Bond Fund by 5.1% in the second quarter. Defined Financial Planning LLC now owns 69,291 shares of the company’s stock worth $3,016,000 after acquiring an additional 3,365 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in WisdomTree Mortgage Plus Bond Fund by 26.8% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 31,832 shares of the company’s stock worth $1,414,000 after purchasing an additional 6,730 shares during the last quarter. RFG Advisory LLC raised its stake in shares of WisdomTree Mortgage Plus Bond Fund by 2.2% during the 2nd quarter. RFG Advisory LLC now owns 42,965 shares of the company’s stock worth $1,908,000 after purchasing an additional 928 shares in the last quarter. Harbour Investments Inc. lifted its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 11.0% during the 2nd quarter. Harbour Investments Inc. now owns 17,580 shares of the company’s stock valued at $781,000 after buying an additional 1,738 shares during the last quarter. Finally, Empirical Asset Management LLC grew its stake in shares of WisdomTree Mortgage Plus Bond Fund by 31.2% in the 2nd quarter. Empirical Asset Management LLC now owns 9,602 shares of the company’s stock valued at $426,000 after buying an additional 2,286 shares in the last quarter.

WisdomTree Mortgage Plus Bond Fund Price Performance

NYSEARCA:MTGP traded up $0.01 during midday trading on Tuesday, hitting $44.45. 3,773 shares of the stock were exchanged, compared to its average volume of 15,958. The business has a 50-day moving average price of $44.67 and a two-hundred day moving average price of $44.56. WisdomTree Mortgage Plus Bond Fund has a one year low of $42.75 and a one year high of $45.48.

WisdomTree Mortgage Plus Bond Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were issued a $0.145 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, January 27th.

About WisdomTree Mortgage Plus Bond Fund

The WisdomTree Mortgage Plus Bond Fund (MTGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of U.S. securitized intermediate-term debt primarily agency mortgage-backed securities, which are rated investment grade and high yield. MTGP was launched on Nov 14, 2019 and is managed by WisdomTree.