|Bid||3.8100 x 2900|
|Ask||3.8200 x 4000|
|Day's Range||3.8100 - 3.9900|
|52 Week Range||3.8100 - 8.0400|
|Beta (5Y Monthly)||1.49|
|PE Ratio (TTM)||201.05|
|Earnings Date||Jan 30, 2020|
|Forward Dividend & Yield||0.12 (3.06%)|
|Ex-Dividend Date||Nov 04, 2019|
|1y Target Est||5.36|
NEW YORK, Jan. 21, 2020 -- WisdomTree (NASDAQ:WETF) today announced that WisdomTree declared distributions for the following WisdomTree ETFs. Rates are listed below: TickerFund.
WisdomTree Investments, Inc. (WETF) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
NEW YORK, Jan. 15, 2020 -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, announced.
(Bloomberg) -- Welcome to the big time, bond ETFs.Long overlooked as the younger sibling of equity exchange-traded funds, strategies focused on corporate or government debt took in more than $150 billion in the U.S. last year, the most on record and just shy of the sum netted by their stock counterparts. It was the biggest annual leap for bond ETFs since 2014, boosting assets to more than $800 billion, data compiled by Bloomberg Intelligence show.While the fixed-income world is inherently conservative, the ease and low cost of ETFs is rapidly wooing converts. Worries that stocks have reached their peak, continued uncertainty over the direction of U.S. interest rates and rampant geopolitical risks have bolstered demand -- especially as traders find more and more innovative ways to strategically use these products.“Investors are seeing the efficiencies that can be found using the ETF vehicle,” said Kevin Flanagan, head of fixed-income strategy at WisdomTree Investments Inc. In finance, “typically you see equity folks take the lead and bond guys follow, and that’s continued.”Liquidity concerns that have plagued the sector since its inception seem to be fading. While anxiety about a potential mismatch between the liquidity of a fund and its underlying securities hasn’t disappeared, bond ETFs seem to be inspiring more confidence as time goes on and they endure market fluctuations.Fixed-income funds currently make up about 20% of the $4.4 trillion U.S. ETF market, but a BlackRock Inc. report from June suggests assets could explode to more than $2 trillion globally over the next few years.In Europe, bond ETFs attracted more money than stock funds for the first time in three years in 2019, data compiled by Bloomberg Intelligence show. Flows into debt ETFs almost doubled in Australia, and Taiwan’s ETF market surged thanks to interest from life insurers.“There’s a huge wave of wealth retiring, and bonds are traditionally the safe-haven asset that preserves wealth,” said Will McGough, chief investment officer of retirement strategies at Stadion Money Management.Overbought StocksBy contrast, even with the S&P 500 Index continuing to beat records, many are wondering how long the bull market in U.S. equities -- now entering its 11th year -- can last.Technical indicators suggest stocks have been overbought for much of the past three weeks, while an RBC Capital Markets survey of institutional investors in December found the fewest people describing themselves as “bearish” since the third quarter of 2018, just before the S&P’s 19.8% rout.In addition, the onslaught of diverging headlines about U.S. and China trade talks and Brexit negotiations have given investors whiplash, while growing tensions with Iran may reignite a search for havens. Throw in mixed economic data from countries around the world and it’s little wonder that bonds remain attractive to many.“There’s increasingly concerns we’re in late cycle,” said David Perlman, ETF strategist at UBS Global Wealth Management. “If we are, fixed income can help to buffer some of the risk of equities.”Nifty UsesBut these traditional allocations could be just the tip of the iceberg. Adding to the popularity of fixed-income ETFs is a spurt of creativity in how they can be used.Banks are employing bond ETFs to facilitate portfolio trades that allow investors to seamlessly move large numbers of bonds on and off their balance sheets. Other users are relying on fixed-income ETFs as a hedge, to earn returns on money they’re waiting to allocate elsewhere, or as a tool to adjust their portfolios.It helps that the fee-compression wave sweeping the ETF industry has made fixed-income strategies cheaper than ever. For instance, BlackRock, State Street Corp. and Deutsche Bank AG’s DWS Group all slashed the costs of their high-yield debt funds in 2019. That trend is likely to spread in 2020, further bolstering ETF demand.“Transaction costs in fixed-income bonds can be sizable, but in ETFs, they’re relatively low,” said Matt Bartolini, managing director at State Street Global Advisors. “As we continue to have these risk events and the structures continue to be tested, that’s just going to lead to more people becoming more comfortable with the structure.”To contact the reporter on this story: Claire Ballentine in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Jeremy Herron at email@example.com, Rachel Evans, Rita NazarethFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
WisdomTree Investments, Inc. (WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced its strategic investment in Securrency, Inc., a leading developer of institutional-grade blockchain-based financial and regulatory technology. Through this investment and its collaboration with Securrency, WisdomTree plans to pursue the integration of blockchain technology into the ETF ecosystem to bring the benefits of ETFs to a broader range of investors and improve the investor experience.
Nashville, Tennessee--(Newsfile Corp. - December 18, 2019) - New Constructs, the leading provider of insights into the fundamentals and valuation of private and public businesses, today announced that market-leading ETF manager WisdomTree is now using New Constructs' proprietary core earnings data to rebalance and weight constituents in WisdomTree's Domestic Core Indexes, which are tracked by WisdomTree ETFs and have a combined $2.5 billion in assets.Figure 1: New Constructs logoTo view an enhanced version ...
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
NEW YORK, Dec. 10, 2019 -- WisdomTree (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced plans to.
NEW YORK, Dec. 09, 2019 -- WisdomTree (Nasdaq: WETF) today announced that WisdomTree declared final year-end capital gains distributions for the following WisdomTree ETFs..
The investment industry's pricing war has grown especially pitched in recent years — so much so, that in some corners companies are waiving fees altogether.
If there was a corner of the fixed income exchange traded funds space that could use a breath of fresh air or a shot in the arm, a case can be made that it's the group of funds offering exposure to mortgage-backed securities. The WisdomTree Mortgage Plus Bond Fund (NYSE: MTGP), which debuted Thursday, may just be that breath of fresh air. Most MBS ETFs are passive index funds, which is beneficial in terms of keeping costs low, but the strategy isn't tactical in an area of the bond market where being tactical can offer investors rewards.
WisdomTree (WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced the launch of the WisdomTree Mortgage Plus Bond Fund (MTGP) on the NYSE Arca. MTGP is an actively managed ETF that primarily invests in agency residential and commercial mortgage-backed securities (“Agency RMBS” and “Agency CMBS,” respectively), while having the flexibility to diversify into other sectors of the securitized debt market. The Fund is sub-advised by Voya Investment Management Co., LLC (“Voya IM”), a well-respected investment manager in securitized debt managing over $31 billion and has an expense ratio of 0.45%.
WisdomTree's (WETF) divestiture of its Canadian subsidiary to CI Financial reflects the bank's streamlining activities in the Canadian market.
WisdomTree Asset Management Canada to be sold to CI Financial Corp. With the exception of the closure of WisdomTree U.S. High Dividend Index ETF, WisdomTree and CI Financial anticipate no changes to the Funds. NEW YORK , Nov. 7, 2019 /CNW/ - WisdomTree Investments, Inc. ("WisdomTree") (WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager, today announced that it has entered into a definitive agreement to sell its Canadian subsidiary, WisdomTree Asset Management Canada, Inc. ("WisdomTree Canada"), to CI Financial Corp. (CIX.TO) – an independent Canadian company offering global asset management and wealth management advisory services.
$4.2 million net income, or $10.6 million net income, as adjusted $0.02 diluted EPS for the quarter, $0.06 as adjusted Declares $0.03 quarterly dividend NEW YORK, Oct. 25,.
In 15 Years as Chairman of the Board Steinhardt Provided Early Support and Great Vision for the Company’s Continued Success Lead Independent Director Frank Salerno succeeds.