ETFs

Significant Rise in Short Interest for WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

Published December 26, 2024

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) experienced a remarkable surge in short interest during December. As of December 15th, the total short interest reached 32,500 shares, marking a staggering increase of 673.8% compared to the November 30th total of 4,200 shares. Given the average daily trading volume of 82,600 shares, the days-to-cover ratio currently stands at 0.4 days.

Institutional Investment Activity in AGZD

A recent filing by Goodman Advisory Group LLC revealed a significant increase in its holdings of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund. In the second quarter, the advisory firm raised its position by 92.1%, adding an additional 66,590 shares to its portfolio. After this purchase, Goodman Advisory Group LLC now owns 138,892 shares of AGZD. This holding represents approximately 0.9% of their investment portfolio, making it their 29th largest position, valued at about $3,097,000 as of the end of the last quarter.

AGZD Price Trends

On Thursday, shares of AGZD fell by $0.12 to $22.44, with a total of 23,944 shares changing hands, which is lower than its average volume of 66,398 shares. The fund's fifty-day moving average price is currently $22.46, while the two-hundred-day moving average price is $22.34. Over the past year, AGZD has recorded a low of $21.69 and a high of $22.87.

AGZD Dividend Announcement

WisdomTree recently announced a dividend to be paid out on December 30th. Shareholders on record as of December 26th will receive a dividend of $0.1047, which is an increase from the previous dividend of $0.08. The ex-dividend date is set for December 26th.

Overview of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is an exchange-traded fund primarily focused on investment-grade fixed income. It is designed to track a long/short net-zero-duration bond index, which includes long positions in U.S. investment-grade issues and short positions in Treasury futures. The fund was launched on December 18, 2013, and is managed by WisdomTree.

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This article provides an overview based on financial data and market analysis.

Investment Considerations for AGZD

Before considering an investment in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund, it is advisable to review current market trends and analyst recommendations. While AGZD is rated as a "Hold" by analysts, there are other stocks that are being deemed more favorable by top-rated research analysts.

WisdomTree, Bond, Investors