WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (NYSEARCA:AGGY) Hits New 1-Year Low – What’s Next?

WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (NYSEARCA:AGGY)’s share price hit a new 52-week low during trading on Tuesday. The stock traded as low as $41.13 and last traded at $41.1360, with a volume of 33979 shares trading hands. The stock had previously closed at $41.25.

WisdomTree Yield Enhanced U.S. Aggregate Bond Fund Price Performance

The stock has a 50 day moving average price of $42.52 and a two-hundred day moving average price of $43.16.

Hedge Funds Weigh In On WisdomTree Yield Enhanced U.S. Aggregate Bond Fund

Several hedge funds have recently added to or reduced their stakes in the stock. Grey Ledge Advisors LLC grew its position in shares of WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 2.5% during the 1st quarter. Grey Ledge Advisors LLC now owns 264,850 shares of the company’s stock worth $11,508,000 after buying an additional 6,456 shares during the period. Ascentis Independent Advisors boosted its stake in WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 68.3% during the 1st quarter. Ascentis Independent Advisors now owns 67,064 shares of the company’s stock worth $2,915,000 after acquiring an additional 27,212 shares during the last quarter. Winch Advisory Services LLC grew its holdings in WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 8.9% during the first quarter. Winch Advisory Services LLC now owns 20,162 shares of the company’s stock valued at $876,000 after purchasing an additional 1,646 shares during the period. Bank of New York Mellon Corp grew its holdings in WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 49.9% during the first quarter. Bank of New York Mellon Corp now owns 18,839 shares of the company’s stock valued at $819,000 after purchasing an additional 6,272 shares during the period. Finally, Beacon Financial Group increased its stake in WisdomTree Yield Enhanced U.S. Aggregate Bond Fund by 1.6% in the first quarter. Beacon Financial Group now owns 14,878 shares of the company’s stock valued at $646,000 after purchasing an additional 237 shares in the last quarter.

WisdomTree Yield Enhanced U.S. Aggregate Bond Fund Company Profile

The WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (AGGY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated investment-grade securities, divided into 20 subcomponents. Subcomponents are reweighted to achieve higher yield-to-worst. AGGY was launched on Jul 9, 2015 and is managed by WisdomTree.