WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 1-Year High – Here’s Why

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) hit a new 52-week high on Thursday . The stock traded as high as $88.51 and last traded at $88.47, with a volume of 17123 shares. The stock had previously closed at $88.32.

WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.0%

The firm has a market cap of $5.54 billion, a PE ratio of 20.27 and a beta of 0.82. The stock has a 50 day moving average price of $86.93 and a two-hundred day moving average price of $84.40.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DLN. Harbour Investments Inc. increased its holdings in WisdomTree U.S. LargeCap Dividend Fund by 38.7% in the 1st quarter. Harbour Investments Inc. now owns 4,082 shares of the company’s stock worth $324,000 after buying an additional 1,139 shares during the period. Cary Street Partners Financial LLC raised its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 12.8% during the first quarter. Cary Street Partners Financial LLC now owns 3,490 shares of the company’s stock worth $277,000 after purchasing an additional 395 shares during the last quarter. Costello Asset Management INC acquired a new position in WisdomTree U.S. LargeCap Dividend Fund during the first quarter valued at $72,000. Wealthspire Advisors LLC lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 40.2% in the 1st quarter. Wealthspire Advisors LLC now owns 40,695 shares of the company’s stock valued at $3,230,000 after buying an additional 11,663 shares during the period. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the first quarter worth about $2,423,000.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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.