WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Shares Down 0.2% – Should You Sell?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) dropped 0.2% during trading on Wednesday. The stock traded as low as $116.26 and last traded at $116.62. 29,564 shares were traded during mid-day trading, a decline of 11% from the average session volume of 33,201 shares. The stock had previously closed at $116.90.

WisdomTree U.S. High Dividend Fund Stock Down 0.7%

The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 15.51 and a beta of 0.58. The stock has a 50-day moving average price of $116.18 and a 200 day moving average price of $114.25.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Western Wealth Management LLC boosted its position in WisdomTree U.S. High Dividend Fund by 3.1% during the first quarter. Western Wealth Management LLC now owns 3,871 shares of the company’s stock worth $423,000 after purchasing an additional 118 shares in the last quarter. Key Financial Inc grew its holdings in WisdomTree U.S. High Dividend Fund by 26.4% in the 1st quarter. Key Financial Inc now owns 594 shares of the company’s stock valued at $65,000 after buying an additional 124 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in WisdomTree U.S. High Dividend Fund by 5.5% during the first quarter. Nations Financial Group Inc. IA ADV now owns 2,888 shares of the company’s stock worth $315,000 after purchasing an additional 150 shares during the period. SBI Securities Co. Ltd. boosted its holdings in WisdomTree U.S. High Dividend Fund by 1.6% in the third quarter. SBI Securities Co. Ltd. now owns 9,330 shares of the company’s stock valued at $1,045,000 after acquiring an additional 150 shares during the last quarter. Finally, Evolution Wealth Management Inc. raised its holdings in shares of WisdomTree U.S. High Dividend Fund by 6.1% in the 1st quarter. Evolution Wealth Management Inc. now owns 3,835 shares of the company’s stock worth $419,000 after purchasing an additional 221 shares during the period.

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. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.