WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Hits New 52-Week High – Here’s What Happened

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $103.10 and last traded at $103.07, with a volume of 8244 shares changing hands. The stock had previously closed at $102.41.

WisdomTree U.S. High Dividend Fund Trading Down 0.8%

The stock has a market cap of $1.31 billion, a P/E ratio of 15.51 and a beta of 0.70. The business’s fifty day simple moving average is $101.20 and its 200 day simple moving average is $99.95.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada boosted its position in WisdomTree U.S. High Dividend Fund by 1.7% in the 1st quarter. Royal Bank of Canada now owns 49,462 shares of the company’s stock valued at $4,905,000 after buying an additional 823 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of WisdomTree U.S. High Dividend Fund by 254.3% during the first quarter. Jones Financial Companies Lllp now owns 14,118 shares of the company’s stock valued at $1,400,000 after acquiring an additional 10,133 shares during the period. Farther Finance Advisors LLC boosted its holdings in WisdomTree U.S. High Dividend Fund by 27.0% in the second quarter. Farther Finance Advisors LLC now owns 6,258 shares of the company’s stock valued at $601,000 after acquiring an additional 1,329 shares during the last quarter. Fifth Third Securities Inc. acquired a new stake in WisdomTree U.S. High Dividend Fund in the second quarter worth about $200,000. Finally, PBMares Wealth Management LLC raised its holdings in WisdomTree U.S. High Dividend Fund by 1.5% during the 2nd quarter. PBMares Wealth Management LLC now owns 34,902 shares of the company’s stock worth $3,350,000 after purchasing an additional 508 shares during the last quarter.

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.