WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Up 22.1% in February

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 9,732 shares, a growth of 22.1% from the January 29th total of 7,972 shares. Based on an average trading volume of 7,726 shares, the short-interest ratio is currently 1.3 days. Currently, 0.6% of the shares of the stock are short sold. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 7,726 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of WisdomTree Mortgage Plus Bond Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. RFG Advisory LLC lifted its holdings in WisdomTree Mortgage Plus Bond Fund by 0.9% in the third quarter. RFG Advisory LLC now owns 43,359 shares of the company’s stock valued at $1,932,000 after acquiring an additional 394 shares during the period. Insight Advisors LLC PA increased its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 0.4% during the 3rd quarter. Insight Advisors LLC PA now owns 96,284 shares of the company’s stock valued at $4,290,000 after purchasing an additional 415 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of WisdomTree Mortgage Plus Bond Fund by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock valued at $183,000 after purchasing an additional 487 shares during the period. Gateway Wealth Partners LLC boosted its holdings in WisdomTree Mortgage Plus Bond Fund by 11.6% during the fourth quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock worth $261,000 after buying an additional 607 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in WisdomTree Mortgage Plus Bond Fund by 16.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,837 shares of the company’s stock worth $349,000 after buying an additional 1,108 shares in the last quarter.

WisdomTree Mortgage Plus Bond Fund Stock Down 0.3%

MTGP traded down $0.14 on Thursday, hitting $44.65. 3,364 shares of the company’s stock traded hands, compared to its average volume of 11,424. The company’s 50 day simple moving average is $44.72 and its 200-day simple moving average is $44.69. 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 business also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Tuesday, February 24th were issued a $0.13 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, February 24th.

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.