WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Shares Down 0.8% – Here’s Why

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s share price dropped 0.8% during mid-day trading on Tuesday . The company traded as low as $46.41 and last traded at $46.47. Approximately 211,817 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 226,034 shares. The stock had previously closed at $46.85.

WisdomTree Emerging Markets High Dividend Fund Stock Down 0.8%

The company’s 50 day moving average is $46.23 and its 200 day moving average is $46.00. The firm has a market capitalization of $3.27 billion, a price-to-earnings ratio of 9.40 and a beta of 0.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Capital Investment Advisory Services LLC boosted its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 173.5% in the third quarter. Capital Investment Advisory Services LLC now owns 547 shares of the company’s stock valued at $25,000 after buying an additional 347 shares during the period. Creekmur Asset Management LLC increased its stake in WisdomTree Emerging Markets High Dividend Fund by 172.3% during the 2nd quarter. Creekmur Asset Management LLC now owns 580 shares of the company’s stock worth $26,000 after acquiring an additional 367 shares during the period. Advantage Trust Co acquired a new position in WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter valued at $27,000. Trust Co. of Vermont bought a new stake in shares of WisdomTree Emerging Markets High Dividend Fund during the 3rd quarter valued at $29,000. Finally, AE Wealth Management LLC lifted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 54.8% during the 2nd quarter. AE Wealth Management LLC now owns 709 shares of the company’s stock valued at $32,000 after acquiring an additional 251 shares during the period. 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.