WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 190 shares, a decline of 75.0% from the May 14th total of 761 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,621 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On WisdomTree Core Laddered Municipal Fund
A hedge fund recently raised its stake in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC lifted its stake in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU – Free Report) by 34.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,410 shares of the company’s stock after purchasing an additional 6,817 shares during the quarter. Commonwealth Equity Services LLC owned about 6.60% of WisdomTree Core Laddered Municipal Fund worth $683,000 at the end of the most recent reporting period.
WisdomTree Core Laddered Municipal Fund Price Performance
Shares of WisdomTree Core Laddered Municipal Fund stock traded down $0.01 on Friday, reaching $25.67. The company had a trading volume of 2 shares, compared to its average volume of 3,645. The firm’s 50-day moving average price is $25.68 and its two-hundred day moving average price is $25.85. WisdomTree Core Laddered Municipal Fund has a 1 year low of $24.94 and a 1 year high of $28.39.
About WisdomTree Core Laddered Municipal Fund
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.
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