WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 12-Month High – Still a Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares reached a new 52-week high during trading on Friday . The stock traded as high as $97.03 and last traded at $97.0410, with a volume of 88330 shares changing hands. The stock had previously closed at $96.11.

WisdomTree U.S. LargeCap Dividend Fund Trading Up 0.7%

The company has a market capitalization of $6.16 billion, a price-to-earnings ratio of 20.27 and a beta of 0.76. The firm has a 50-day moving average price of $94.15 and a 200-day moving average price of $91.49.

Hedge Funds Weigh In On WisdomTree U.S. LargeCap Dividend Fund

Several hedge funds have recently modified their holdings of the company. Dana Investment Advisors Inc. increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.7% during the 4th quarter. Dana Investment Advisors Inc. now owns 2,450 shares of the company’s stock valued at $216,000 after purchasing an additional 111 shares during the period. Merit Financial Group LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.3% in the 4th quarter. Merit Financial Group LLC now owns 9,710 shares of the company’s stock worth $855,000 after acquiring an additional 123 shares during the last quarter. Thoroughbred Financial Services LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.5% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 8,888 shares of the company’s stock worth $773,000 after acquiring an additional 131 shares during the last quarter. Team Financial Group LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.7% in the 1st quarter. Team Financial Group LLC now owns 22,547 shares of the company’s stock worth $2,014,000 after acquiring an additional 149 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.5% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 28,707 shares of the company’s stock worth $2,498,000 after acquiring an additional 153 shares during the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.