WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sets New 12-Month High – Here’s What Happened

Shares of WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $56.56 and last traded at $56.5350, with a volume of 47661 shares traded. The stock had previously closed at $56.25.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The company has a market capitalization of $4.15 billion, a PE ratio of 9.40 and a beta of 0.56. The business has a 50-day moving average of $54.28 and a 200 day moving average of $52.96.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

A number of large investors have recently added to or reduced their stakes in DEM. Quantum Portfolio Management LLC increased its position in WisdomTree Emerging Markets High Dividend Fund by 33.2% in the first quarter. Quantum Portfolio Management LLC now owns 31,074 shares of the company’s stock worth $1,544,000 after purchasing an additional 7,752 shares during the last quarter. Moran Wealth Management LLC lifted its position in WisdomTree Emerging Markets High Dividend Fund by 52.2% during the first quarter. Moran Wealth Management LLC now owns 62,890 shares of the company’s stock valued at $3,125,000 after purchasing an additional 21,582 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in WisdomTree Emerging Markets High Dividend Fund by 10.6% during the first quarter. Kestra Private Wealth Services LLC now owns 18,581 shares of the company’s stock valued at $923,000 after purchasing an additional 1,780 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 12.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 261,684 shares of the company’s stock worth $12,223,000 after buying an additional 27,999 shares in the last quarter. Finally, Purpose Unlimited Inc. purchased a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the 4th quarter worth $204,000. Institutional investors 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.