WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sees Strong Trading Volume – Should You Buy?

Shares of WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) saw unusually-high trading volume on Monday . Approximately 68,905 shares changed hands during mid-day trading, a decline of 50% from the previous session’s volume of 136,541 shares.The stock last traded at $50.94 and had previously closed at $50.64.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

The stock’s fifty day simple moving average is $50.58 and its two-hundred day simple moving average is $48.76. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 12.48 and a beta of 0.95.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DON. International Assets Investment Management LLC acquired a new stake in WisdomTree U.S. MidCap Dividend Fund during the 2nd quarter worth about $26,000. Creekmur Asset Management LLC raised its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 186.2% during the third quarter. Creekmur Asset Management LLC now owns 704 shares of the company’s stock valued at $36,000 after acquiring an additional 458 shares during the period. Perkins Coie Trust Co purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the 3rd quarter valued at approximately $38,000. Farther Finance Advisors LLC boosted its stake in WisdomTree U.S. MidCap Dividend Fund by 430.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 833 shares of the company’s stock worth $43,000 after purchasing an additional 676 shares during the period. Finally, Ashton Thomas Private Wealth LLC purchased a new position in WisdomTree U.S. MidCap Dividend Fund during the 2nd quarter worth approximately $40,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market.