WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Trading Up 0.2% – Still a Buy?

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) shot up 0.2% during trading on Tuesday . The company traded as high as $25.70 and last traded at $25.70. 722 shares traded hands during trading, a decline of 94% from the average session volume of 11,169 shares. The stock had previously closed at $25.66.

WisdomTree Bianco Total Return Fund Trading Up 0.2%

The stock’s 50 day simple moving average is $25.58 and its 200 day simple moving average is $25.32.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WTBN. Envestnet Asset Management Inc. lifted its position in shares of WisdomTree Bianco Total Return Fund by 31.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 118,481 shares of the company’s stock worth $2,992,000 after buying an additional 28,241 shares during the last quarter. Park Edge Advisors LLC lifted its position in shares of WisdomTree Bianco Total Return Fund by 12.3% in the 2nd quarter. Park Edge Advisors LLC now owns 156,458 shares of the company’s stock worth $3,982,000 after buying an additional 17,156 shares during the last quarter. Lionsbridge Wealth Management LLC lifted its position in shares of WisdomTree Bianco Total Return Fund by 336.8% in the 2nd quarter. Lionsbridge Wealth Management LLC now owns 90,479 shares of the company’s stock worth $2,303,000 after buying an additional 69,767 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of WisdomTree Bianco Total Return Fund in the 2nd quarter worth about $62,000. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of WisdomTree Bianco Total Return Fund by 14,761.0% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 14,861 shares of the company’s stock worth $378,000 after buying an additional 14,761 shares during the last quarter.

WisdomTree Bianco Total Return Fund Company Profile

The WisdomTree Bianco Total Return Fund (WTBN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a passively managed fund-of-funds, aiming to outperform index-based core fixed income ETFs. The underlying index is constructed utilizing fundamental, rules-based research to select and weight components among broad fixed income exposure globally.