WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sets New 1-Year High – Should You Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares hit a new 52-week high on Thursday . The company traded as high as $88.63 and last traded at $88.65, with a volume of 199917 shares trading hands. The stock had previously closed at $88.37.

WisdomTree U.S. LargeCap Dividend Fund Stock Down 0.6%

The firm has a market capitalization of $5.53 billion, a P/E ratio of 20.27 and a beta of 0.82. The firm’s 50-day simple moving average is $87.13 and its 200-day simple moving average is $84.81.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

Hedge funds have recently modified their holdings of the stock. Capital Investment Advisory Services LLC purchased a new position in WisdomTree U.S. LargeCap Dividend Fund during the third quarter valued at approximately $25,000. Dunhill Financial LLC purchased a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter valued at approximately $26,000. Nova Wealth Management Inc. acquired a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the 1st quarter valued at $29,000. BNP Paribas Financial Markets boosted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 298.1% during the third quarter. BNP Paribas Financial Markets now owns 410 shares of the company’s stock worth $36,000 after buying an additional 307 shares in the last quarter. Finally, Harbor Asset Planning Inc. purchased a new stake in WisdomTree U.S. LargeCap Dividend Fund during the second quarter worth $41,000.

About WisdomTree U.S. LargeCap Dividend Fund

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.