WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Stock Crosses Above 50-Day Moving Average – Here’s Why

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $47.69 and traded as high as $49.52. WisdomTree U.S. MidCap Dividend Fund shares last traded at $49.46, with a volume of 76,443 shares traded.

WisdomTree U.S. MidCap Dividend Fund Stock Up 1.1%

The firm has a 50 day simple moving average of $47.69 and a 200-day simple moving average of $50.29. The stock has a market cap of $3.63 billion, a P/E ratio of 15.73 and a beta of 0.93.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Dividend Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Intrua Financial LLC raised its position in shares of WisdomTree U.S. MidCap Dividend Fund by 33.2% in the first quarter. Intrua Financial LLC now owns 50,283 shares of the company’s stock valued at $2,490,000 after buying an additional 12,527 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in WisdomTree U.S. MidCap Dividend Fund by 4.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,971 shares of the company’s stock valued at $395,000 after acquiring an additional 344 shares in the last quarter. Focus Partners Wealth raised its holdings in WisdomTree U.S. MidCap Dividend Fund by 11.1% in the 1st quarter. Focus Partners Wealth now owns 253,802 shares of the company’s stock valued at $12,568,000 after acquiring an additional 25,259 shares in the last quarter. Integrity Alliance LLC. acquired a new position in WisdomTree U.S. MidCap Dividend Fund in the first quarter valued at about $319,000. Finally, Signature Estate & Investment Advisors LLC raised its stake in WisdomTree U.S. MidCap Dividend Fund by 32.6% in the first quarter. Signature Estate & Investment Advisors LLC now owns 131,504 shares of the company’s stock valued at $6,512,000 after purchasing an additional 32,353 shares in the last quarter.

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.