WisdomTree High Income Laddered Municipal Fund Plans Monthly Dividend of $0.05 (NASDAQ:WTMY)

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) announced a monthly dividend on Wednesday, March 25th. Investors of record on Thursday, March 26th will be given a dividend of 0.045 per share on Monday, March 30th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, March 26th.

WisdomTree High Income Laddered Municipal Fund Stock Performance

WTMY traded down $0.06 during trading on Thursday, hitting $25.10. The stock had a trading volume of 2 shares, compared to its average volume of 1,016. The company has a 50 day moving average price of $25.61 and a 200-day moving average price of $25.54. WisdomTree High Income Laddered Municipal Fund has a one year low of $24.10 and a one year high of $25.85.

Institutional Investors Weigh In On WisdomTree High Income Laddered Municipal Fund

A hedge fund recently bought a new stake in WisdomTree High Income Laddered Municipal Fund stock. Flow Traders U.S. LLC purchased a new stake in WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,113 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned approximately 13.06% of WisdomTree High Income Laddered Municipal Fund as of its most recent filing with the Securities & Exchange Commission.

About WisdomTree High Income Laddered Municipal Fund

The WisdomTree High Income Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate a high level of current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in both investment-grade and high-yield municipal debt securities with an average duration between five and ten years. It focuses on securities expected to mature or have an option to be called or tendered within 15 years.