WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Update

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 13,166 shares, a decline of 37.7% from the July 30th total of 21,143 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 6,023 shares, the short-interest ratio is currently 2.2 days.

Institutional Trading of WisdomTree Mortgage Plus Bond Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Aptus Capital Advisors LLC bought a new stake in WisdomTree Mortgage Plus Bond Fund in the fourth quarter worth about $89,000. JPMorgan Chase & Co. boosted its position in shares of WisdomTree Mortgage Plus Bond Fund by 13.5% during 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 in the last quarter. Gateway Wealth Partners LLC grew its stake in shares of WisdomTree Mortgage Plus Bond Fund by 11.6% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock worth $261,000 after purchasing an additional 607 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of WisdomTree Mortgage Plus Bond Fund by 5.7% in the 1st quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock worth $264,000 after purchasing an additional 323 shares during the last quarter. Finally, Hopwood Nicholas Hunter bought a new stake in shares of WisdomTree Mortgage Plus Bond Fund in the 2nd quarter worth approximately $276,000.

WisdomTree Mortgage Plus Bond Fund Stock Performance

Shares of NYSEARCA:MTGP opened at $43.55 on Monday. The firm’s 50 day moving average is $43.85 and its two-hundred day moving average is $44.16. WisdomTree Mortgage Plus Bond Fund has a 52 week low of $43.44 and a 52 week high of $46.17.

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.