WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sets New 52-Week High – What’s Next?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $104.75 and last traded at $104.98, with a volume of 3233 shares trading hands. The stock had previously closed at $104.12.

WisdomTree U.S. High Dividend Fund Stock Performance

The stock has a market cap of $1.35 billion, a PE ratio of 15.51 and a beta of 0.70. The stock has a fifty day moving average price of $101.99 and a 200 day moving average price of $100.30.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DHS. MOR Wealth Management LLC purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the fourth quarter valued at $277,000. Clear Trail Advisors LLC bought a new position in WisdomTree U.S. High Dividend Fund during the 4th quarter valued at about $305,000. Dynamic Advisor Solutions LLC grew its holdings in WisdomTree U.S. High Dividend Fund by 6.0% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 12,502 shares of the company’s stock valued at $1,273,000 after purchasing an additional 711 shares during the last quarter. JPMorgan Chase & Co. raised its position in WisdomTree U.S. High Dividend Fund by 12.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 49,937 shares of the company’s stock worth $5,031,000 after purchasing an additional 5,630 shares during the period. Finally, Triumph Capital Management bought a new stake in WisdomTree U.S. High Dividend Fund in the third quarter worth about $71,000.

WisdomTree U.S. High Dividend Fund Company Profile

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.