WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) shares traded down 0.1% during trading on Friday . The company traded as low as $14.17 and last traded at $14.19. Approximately 17,350 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 25,945 shares. The stock had previously closed at $14.20.
WisdomTree Alternative Income Fund Trading Down 0.1%
The company has a market cap of $49.66 million, a PE ratio of 9.57 and a beta of 0.99. The firm has a 50 day moving average of $14.21 and a two-hundred day moving average of $14.48.
Hedge Funds Weigh In On WisdomTree Alternative Income Fund
Institutional investors and hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC purchased a new position in shares of WisdomTree Alternative Income Fund in the 3rd quarter worth about $45,000. Kestra Advisory Services LLC purchased a new stake in WisdomTree Alternative Income Fund during the 4th quarter valued at about $80,000. Osaic Holdings Inc. grew its position in WisdomTree Alternative Income Fund by 18.9% during the 4th quarter. Osaic Holdings Inc. now owns 12,869 shares of the company’s stock valued at $204,000 after purchasing an additional 2,047 shares during the last quarter. WealthPLAN Partners LLC bought a new stake in WisdomTree Alternative Income Fund during the 4th quarter valued at about $226,000. Finally, Prospera Financial Services Inc bought a new stake in WisdomTree Alternative Income Fund during the 4th quarter valued at about $344,000.
About WisdomTree Alternative Income Fund
The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.
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