WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Sees Strong Trading Volume – Here’s Why

Shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) saw unusually-high trading volume on Tuesday . Approximately 737,337 shares traded hands during trading, an increase of 3,272% from the previous session’s volume of 21,864 shares.The stock last traded at $47.99 and had previously closed at $47.78.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Price Performance

The company has a 50-day moving average price of $48.47 and a 200-day moving average price of $48.58.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were paid a dividend of $0.215 per share. This is an increase from WisdomTree Voya Yield Enhanced USD Universal Bond Fund’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, March 26th. This represents a $2.58 annualized dividend and a yield of 5.38%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC bought a new position in shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,028 shares of the company’s stock, valued at approximately $337,000.

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.