WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Reaches New 52-Week High – Time to Buy?

Shares of WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $52.34 and last traded at $52.32, with a volume of 236056 shares traded. The stock had previously closed at $51.88.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

The stock has a market cap of $3.68 billion, a PE ratio of 9.40 and a beta of 0.62. The company has a 50 day moving average of $49.02 and a two-hundred day moving average of $47.26.

WisdomTree Emerging Markets High Dividend Fund Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were given a $0.072 dividend. The ex-dividend date was Wednesday, December 31st.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its holdings in WisdomTree Emerging Markets High Dividend Fund by 122.6% in the 1st quarter. Jones Financial Companies Lllp now owns 19,346 shares of the company’s stock worth $814,000 after acquiring an additional 10,656 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of WisdomTree Emerging Markets High Dividend Fund by 29.0% in the second quarter. Wealthfront Advisers LLC now owns 25,881 shares of the company’s stock valued at $1,172,000 after purchasing an additional 5,811 shares during the period. Envestnet Asset Management Inc. grew its position in shares of WisdomTree Emerging Markets High Dividend Fund by 5.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,571,638 shares of the company’s stock valued at $71,174,000 after purchasing an additional 80,649 shares during the period. World Investment Advisors increased its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 6.4% during the second quarter. World Investment Advisors now owns 10,475 shares of the company’s stock worth $474,000 after purchasing an additional 628 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its position in shares of WisdomTree Emerging Markets High Dividend Fund by 86.0% during the 2nd quarter. Arkadios Wealth Advisors now owns 10,486 shares of the company’s stock worth $475,000 after purchasing an additional 4,849 shares during the last quarter. Institutional investors and hedge funds 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.