WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Strong Trading Volume – Time to Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw unusually-strong trading volume on Thursday . Approximately 1,111,117 shares changed hands during mid-day trading, an increase of 392% from the previous session’s volume of 225,880 shares.The stock last traded at $81.60 and had previously closed at $80.91.

WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.9 %

The company has a fifty day moving average of $79.37 and a 200 day moving average of $78.49. The company has a market cap of $4.54 billion, a P/E ratio of 18.38 and a beta of 0.77.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Waterway Wealth Management LLC boosted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 2.1% in the 3rd quarter. Waterway Wealth Management LLC now owns 526,171 shares of the company’s stock worth $41,333,000 after buying an additional 10,608 shares during the period. Revolve Wealth Partners LLC grew its position in WisdomTree U.S. LargeCap Dividend Fund by 1.1% in the third quarter. Revolve Wealth Partners LLC now owns 220,005 shares of the company’s stock worth $17,284,000 after acquiring an additional 2,337 shares in the last quarter. Seamount Financial Group Inc. purchased a new position in WisdomTree U.S. LargeCap Dividend Fund in the third quarter worth about $314,000. Raymond James & Associates increased its stake in WisdomTree U.S. LargeCap Dividend Fund by 22.9% during the third quarter. Raymond James & Associates now owns 238,279 shares of the company’s stock worth $18,719,000 after acquiring an additional 44,454 shares during the last quarter. Finally, Meridian Financial Partners LLC raised its position in WisdomTree U.S. LargeCap Dividend Fund by 0.4% during the third quarter. Meridian Financial Partners LLC now owns 38,024 shares of the company’s stock valued at $2,987,000 after purchasing an additional 137 shares during the period.

About WisdomTree U.S. LargeCap Dividend Fund

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