WisdomTree U.S. High Yield Corporate Bond Fund (QHY) to Issue Monthly Dividend of $0.26 on December 30th

by · The Markets Daily

WisdomTree U.S. High Yield Corporate Bond Fund (NYSEARCA:QHY – Get Free Report) declared a monthly dividend on Wednesday, December 24th. Investors of record on Friday, December 26th will be paid a dividend of 0.2637 per share on Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, December 26th. This is a 7.6% increase from WisdomTree U.S. High Yield Corporate Bond Fund’s previous monthly dividend of $0.25.

WisdomTree U.S. High Yield Corporate Bond Fund Stock Performance

QHY opened at $46.71 on Friday. The stock’s 50 day moving average price is $46.48 and its 200 day moving average price is $46.32. WisdomTree U.S. High Yield Corporate Bond Fund has a 12 month low of $43.05 and a 12 month high of $47.00.

Institutional Investors Weigh In On WisdomTree U.S. High Yield Corporate Bond Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC lifted its position in WisdomTree U.S. High Yield Corporate Bond Fund by 535.5% in the first quarter. Jane Street Group LLC now owns 84,773 shares of the company’s stock worth $3,823,000 after purchasing an additional 71,433 shares during the period. CWM LLC lifted its holdings in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 2.8% in the third quarter. CWM LLC now owns 1,642,706 shares of the company’s stock valued at $76,468,000 after buying an additional 44,891 shares during the period. Vestmark Advisory Solutions Inc. lifted its holdings in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 149.0% in the second quarter. Vestmark Advisory Solutions Inc. now owns 55,066 shares of the company’s stock valued at $2,539,000 after buying an additional 32,955 shares during the period. Bank of America Corp DE boosted its stake in WisdomTree U.S. High Yield Corporate Bond Fund by 2.1% during the second quarter. Bank of America Corp DE now owns 664,228 shares of the company’s stock valued at $30,621,000 after buying an additional 13,970 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in WisdomTree U.S. High Yield Corporate Bond Fund by 7.4% during the second quarter. Cetera Investment Advisers now owns 189,207 shares of the company’s stock worth $8,722,000 after acquiring an additional 13,024 shares during the period.

About WisdomTree U.S. High Yield Corporate Bond Fund

(Get Free Report)

The WisdomTree U.S. High Yield Corporate Bond Fund (QHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index composed of high-yield, US corporate bonds. Constituents are selected and weighted by fundamental factors and bond risk characteristics. QHY was launched on Apr 27, 2016 and is issued by WisdomTree.

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