WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP – Get Free Report) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 13,166 shares, a decrease of 37.7% from the July 30th total of 21,143 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 6,023 shares, the short-interest ratio is currently 2.2 days.
Institutional Investors Weigh In On WisdomTree Mortgage Plus Bond Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in MTGP. Aptus Capital Advisors LLC purchased a new stake in shares of WisdomTree Mortgage Plus Bond Fund during the fourth quarter worth about $89,000. JPMorgan Chase & Co. raised its holdings in WisdomTree Mortgage Plus Bond Fund by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock valued at $183,000 after acquiring an additional 487 shares in the last quarter. Gateway Wealth Partners LLC boosted its stake in WisdomTree Mortgage Plus Bond Fund by 11.6% during the 4th quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock valued at $261,000 after acquiring an additional 607 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in WisdomTree Mortgage Plus Bond Fund by 5.7% during the 1st quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock valued at $264,000 after acquiring an additional 323 shares during the last quarter. Finally, Hopwood Nicholas Hunter acquired a new position in WisdomTree Mortgage Plus Bond Fund during the 2nd quarter worth $276,000.
WisdomTree Mortgage Plus Bond Fund Price Performance
Shares of WisdomTree Mortgage Plus Bond Fund stock traded down $0.03 during mid-day trading on Wednesday, hitting $43.32. 282 shares of the stock were exchanged, compared to its average volume of 10,018. WisdomTree Mortgage Plus Bond Fund has a twelve month low of $43.35 and a twelve month high of $46.17. The company has a 50-day simple moving average of $43.82 and a 200 day simple moving average of $44.15.
WisdomTree Mortgage Plus Bond Fund Company Profile
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.
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