WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Large Volume Increase – Time to Buy?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw unusually-high trading volume on Tuesday . Approximately 98,518 shares traded hands during trading, an increase of 209% from the previous session’s volume of 31,889 shares.The stock last traded at $97.07 and had previously closed at $96.29.

WisdomTree U.S. High Dividend Fund Stock Up 0.8 %

The firm’s 50 day simple moving average is $95.05 and its two-hundred day simple moving average is $94.26. The stock has a market capitalization of $1.22 billion, a P/E ratio of 10.92 and a beta of 0.67.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Hedge funds have recently bought and sold shares of the business. Linscomb Wealth Inc. lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 0.8% in the fourth quarter. Linscomb Wealth Inc. now owns 359,806 shares of the company’s stock valued at $33,592,000 after purchasing an additional 3,020 shares in the last quarter. Raymond James Financial Inc. purchased a new position in WisdomTree U.S. High Dividend Fund during the 4th quarter worth $10,552,000. Precedent Wealth Partners LLC boosted its holdings in WisdomTree U.S. High Dividend Fund by 1.1% during the 4th quarter. Precedent Wealth Partners LLC now owns 59,208 shares of the company’s stock worth $5,528,000 after acquiring an additional 630 shares during the last quarter. Good Life Advisors LLC grew its stake in shares of WisdomTree U.S. High Dividend Fund by 2.0% in the 4th quarter. Good Life Advisors LLC now owns 49,567 shares of the company’s stock worth $4,628,000 after acquiring an additional 953 shares in the last quarter. Finally, Great Valley Advisor Group Inc. lifted its position in shares of WisdomTree U.S. High Dividend Fund by 143.5% during the third quarter. Great Valley Advisor Group Inc. now owns 41,723 shares of the company’s stock valued at $3,913,000 after purchasing an additional 24,587 shares in the last quarter.

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.