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

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS – Get Free Report) hit a new 52-week high during trading on Wednesday. The company traded as high as $120.86 and last traded at $120.86, with a volume of 24,144 shares traded. The stock had previously closed at $118.74.

WisdomTree U.S. High Dividend Fund Stock Down 0.6%

The stock has a market cap of $1.63 billion, a PE ratio of 15.51 and a beta of 0.58. The firm has a fifty day moving average of $116.07 and a 200 day moving average of $113.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Versant Capital Management Inc purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the 2nd quarter valued at about $43,000. Pathway Financial Advisers LLC purchased a new position in WisdomTree U.S. High Dividend Fund during the 3rd quarter worth approximately $48,000. Allspring Global Investments Holdings LLC acquired a new position in WisdomTree U.S. High Dividend Fund during the third quarter worth approximately $72,000. NewEdge Advisors LLC increased its position in WisdomTree U.S. High Dividend Fund by 809.2% during the first quarter. NewEdge Advisors LLC now owns 78,542 shares of the company’s stock worth $79,000 after buying an additional 69,903 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new stake in WisdomTree U.S. High Dividend Fund in the second quarter valued at approximately $80,000.

WisdomTree U.S. High Dividend Fund Company Profile

(Get Free Report)

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.

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