WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Sees Large Drop in Short Interest

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 3,739 shares, a decline of 71.5% from the June 30th total of 13,106 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 12,426 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. WealthPoint Financial LLC raised its position in shares of WisdomTree Mortgage Plus Bond Fund by 8.7% during the 1st quarter. WealthPoint Financial LLC now owns 42,070 shares of the company’s stock worth $1,860,000 after acquiring an additional 3,384 shares in the last quarter. Gateway Wealth Partners LLC lifted its stake in WisdomTree Mortgage Plus Bond Fund by 116.8% during the first quarter. Gateway Wealth Partners LLC now owns 12,690 shares of the company’s stock worth $561,000 after purchasing an additional 6,837 shares during the last quarter. Cetera Investment Advisers lifted its stake in WisdomTree Mortgage Plus Bond Fund by 7.0% during the first quarter. Cetera Investment Advisers now owns 9,764 shares of the company’s stock worth $432,000 after purchasing an additional 638 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in WisdomTree Mortgage Plus Bond Fund by 5.7% in the first quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock valued at $264,000 after purchasing an additional 323 shares in the last quarter. Finally, Ascentis Independent Advisors boosted its holdings in WisdomTree Mortgage Plus Bond Fund by 99.9% in the first quarter. Ascentis Independent Advisors now owns 13,104 shares of the company’s stock valued at $579,000 after purchasing an additional 6,550 shares in the last quarter.

WisdomTree Mortgage Plus Bond Fund Stock Performance

NYSEARCA:MTGP traded down $0.03 during trading hours on Friday, hitting $43.69. The company’s stock had a trading volume of 24,048 shares, compared to its average volume of 10,690. WisdomTree Mortgage Plus Bond Fund has a 52-week low of $43.53 and a 52-week high of $46.17. The stock has a fifty day moving average of $44.00 and a 200-day moving average of $44.33.

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.