WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Increases Dividend to $0.09 Per Share

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMUGet Free Report) announced a monthly dividend on Monday, July 27th. Shareholders of record on Tuesday, July 28th will be given a dividend of 0.09 per share on Thursday, July 30th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Tuesday, July 28th. This is a 5.9% increase from WisdomTree Core Laddered Municipal Fund’s previous monthly dividend of $0.09.

WisdomTree Core Laddered Municipal Fund Stock Performance

NASDAQ WTMU traded down $0.06 during trading on Tuesday, hitting $25.30. The company’s stock had a trading volume of 6 shares, compared to its average volume of 3,063. WisdomTree Core Laddered Municipal Fund has a 52 week low of $24.71 and a 52 week high of $28.39. The firm has a 50 day moving average price of $25.59 and a 200 day moving average price of $25.80.

Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund

An institutional investor recently raised its stake in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC raised its stake in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMUFree Report) by 34.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,410 shares of the company’s stock after purchasing an additional 6,817 shares during the period. Commonwealth Equity Services LLC owned approximately 6.60% of WisdomTree Core Laddered Municipal Fund worth $683,000 as of its most recent SEC filing.

WisdomTree Core Laddered Municipal Fund Company Profile

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The WisdomTree Core Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in municipal debt securities with an average duration between four and eight years. It may invest up to 30% of its net assets in municipal securities subject to the federal alternative minimum tax.

See Also

Dividend History for WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU)

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