WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Strong Trading Volume – Here’s Why

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) shares saw unusually-strong trading volume on Monday . Approximately 52,829 shares were traded during trading, an increase of 76% from the previous session’s volume of 30,053 shares.The stock last traded at $95.85 and had previously closed at $96.02.

WisdomTree U.S. High Dividend Fund Trading Up 0.5 %

The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67. The stock has a fifty day moving average of $95.38 and a two-hundred day moving average of $94.07.

Institutional Investors Weigh In On WisdomTree U.S. High Dividend Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Pathway Financial Advisers LLC bought a new position in WisdomTree U.S. High Dividend Fund in the third quarter valued at approximately $38,000. Frazier Financial Advisors LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund in the 3rd quarter worth $43,000. Crews Bank & Trust bought a new stake in WisdomTree U.S. High Dividend Fund in the fourth quarter valued at about $44,000. Glenmede Trust Co. NA acquired a new position in WisdomTree U.S. High Dividend Fund in the third quarter valued at about $56,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in WisdomTree U.S. High Dividend Fund during the fourth quarter worth about $94,000.

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.