WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) to Issue Monthly Dividend of $0.09

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMUGet Free Report) announced a monthly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be given a dividend of 0.085 per share on Monday, June 29th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 21.4% increase from WisdomTree Core Laddered Municipal Fund’s previous monthly dividend of $0.07.

WisdomTree Core Laddered Municipal Fund Price Performance

Shares of WisdomTree Core Laddered Municipal Fund stock traded down $0.01 on Thursday, hitting $25.71. The company’s stock had a trading volume of 579 shares, compared to its average volume of 3,441. WisdomTree Core Laddered Municipal Fund has a 52-week low of $24.94 and a 52-week high of $28.39. The firm has a fifty day moving average price of $25.67 and a 200-day moving average price of $25.84.

Institutional Trading of WisdomTree Core Laddered Municipal Fund

A hedge fund recently raised its stake in WisdomTree Core Laddered Municipal Fund stock. Commonwealth Equity Services LLC grew its holdings in WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMUFree Report) by 34.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,410 shares of the company’s stock after purchasing an additional 6,817 shares during the quarter. Commonwealth Equity Services LLC owned approximately 6.60% of WisdomTree Core Laddered Municipal Fund worth $683,000 at the end of the most recent quarter.

About WisdomTree Core Laddered Municipal Fund

(Get Free Report)

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.

Further Reading

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

Receive News & Ratings for WisdomTree Core Laddered Municipal Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Core Laddered Municipal Fund and related companies with MarketBeat.com's FREE daily email newsletter.