WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Reaches New 52-Week High – What’s Next?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) shares hit a new 52-week high on Monday . The company traded as high as $57.18 and last traded at $57.16, with a volume of 51241 shares trading hands. The stock had previously closed at $56.29.

WisdomTree Emerging Markets High Dividend Fund Trading Up 0.1%

The firm has a market capitalization of $4.30 billion, a PE ratio of 9.40 and a beta of 0.56. The firm has a 50-day moving average of $54.96 and a two-hundred day moving average of $53.42.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE grew its stake in WisdomTree Emerging Markets High Dividend Fund by 19.6% during the first quarter. Bank of America Corp DE now owns 7,100,731 shares of the company’s stock worth $352,835,000 after buying an additional 1,165,485 shares during the period. Kestra Investment Management LLC increased its holdings in WisdomTree Emerging Markets High Dividend Fund by 2.0% in the 4th quarter. Kestra Investment Management LLC now owns 1,208,266 shares of the company’s stock valued at $56,438,000 after purchasing an additional 23,787 shares in the last quarter. Royal Bank of Canada raised its position in WisdomTree Emerging Markets High Dividend Fund by 4.7% in the first quarter. Royal Bank of Canada now owns 694,797 shares of the company’s stock valued at $34,526,000 after purchasing an additional 31,348 shares during the period. Kestra Advisory Services LLC raised its position in WisdomTree Emerging Markets High Dividend Fund by 39.2% in the first quarter. Kestra Advisory Services LLC now owns 445,572 shares of the company’s stock valued at $22,140,000 after purchasing an additional 125,463 shares during the period. Finally, Baird Financial Group Inc. lifted its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 7.4% during the second quarter. Baird Financial Group Inc. now owns 287,923 shares of the company’s stock worth $15,487,000 after purchasing an additional 19,873 shares in the last quarter. Hedge funds and other institutional investors own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.