SHAG Stock Summary and Trading Ideas (WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond | BATS:SHAG)

The WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond Fund seeks to track the price and yield performance, before fees and expenses, of the Bloomberg U.S. Short Aggregate Enhanced Yield Index. An income-oriented opportunity for investors looking to pragmatically enhance yield. Designed as an enhanced yield alternative for a core fixed income strategy. For investors seeking opportunities across different parts of the yield curve.

WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond trades on the BATS stock market under the symbol SHAG.

As of May 16, 2024, SHAG stock price declined to $47.04 with 2,835 million shares trading.

SHAG has a beta of 0.12, meaning it tends to be less sensitive to market movements. SHAG has a correlation of 0.29 to the broad based SPY ETF.

SHAG has a market cap of $37.63 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SHAG stock traded as high as $51.57 and as low as $45.79.

SHAG has underperformed the market in the last year with a price return of +3.0% while the SPY ETF gained +30.1%. SHAG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.6% and +0.8%, respectively, while the SPY returned +6.0% and +6.0%, respectively.

SHAG support price is $47.01 and resistance is $47.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SHAG stock will trade within this expected range on the day.