WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Sets New 12-Month High – Should You Buy?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $40.53 and last traded at $40.2090, with a volume of 73717 shares changing hands. The stock had previously closed at $40.07.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

The company has a 50 day moving average price of $38.24 and a 200 day moving average price of $36.41. The company has a market capitalization of $2.15 billion, a PE ratio of 13.64 and a beta of 0.90.

Hedge Funds Weigh In On WisdomTree U.S. SmallCap Dividend Fund

Large investors have recently added to or reduced their stakes in the company. One Wealth Map LLC lifted its stake in WisdomTree U.S. SmallCap Dividend Fund by 1.0% in the third quarter. One Wealth Map LLC now owns 173,596 shares of the company’s stock valued at $5,739,000 after buying an additional 1,758 shares during the last quarter. NewSquare Capital LLC grew its holdings in WisdomTree U.S. SmallCap Dividend Fund by 4.6% during the third quarter. NewSquare Capital LLC now owns 18,632 shares of the company’s stock worth $628,000 after acquiring an additional 815 shares during the period. Fiduciary Group LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund during the third quarter worth about $210,000. BlueStem Wealth Partners LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund during the third quarter worth about $293,000. Finally, Huntington National Bank grew its holdings in WisdomTree U.S. SmallCap Dividend Fund by 17.3% during the third quarter. Huntington National Bank now owns 637,337 shares of the company’s stock worth $21,465,000 after acquiring an additional 94,195 shares during the period.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.