WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Reaches New 1-Year High – Here’s What Happened

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $56.04 and last traded at $55.88, with a volume of 226754 shares changing hands. The stock had previously closed at $55.78.

WisdomTree U.S. MidCap Dividend Fund Trading Up 0.2%

The business has a 50-day moving average of $53.11 and a two-hundred day moving average of $52.14. The firm has a market cap of $3.96 billion, a P/E ratio of 15.04 and a beta of 0.94.

WisdomTree U.S. MidCap Dividend Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were issued a dividend of $0.035 per share. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, January 27th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. acquired a new position in WisdomTree U.S. MidCap Dividend Fund in the 1st quarter valued at approximately $576,000. Blair William & Co. IL grew its position in shares of WisdomTree U.S. MidCap Dividend Fund by 3.6% in the 2nd quarter. Blair William & Co. IL now owns 5,958 shares of the company’s stock valued at $299,000 after buying an additional 206 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 1.9% in the second quarter. Concurrent Investment Advisors LLC now owns 30,801 shares of the company’s stock valued at $1,544,000 after buying an additional 562 shares during the period. Yarger Wealth Strategies LLC raised its position in shares of WisdomTree U.S. MidCap Dividend Fund by 0.7% during the second quarter. Yarger Wealth Strategies LLC now owns 38,116 shares of the company’s stock worth $1,910,000 after acquiring an additional 255 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 6.5% in the second quarter. Sequoia Financial Advisors LLC now owns 4,807 shares of the company’s stock worth $241,000 after acquiring an additional 294 shares during the period.

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. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.