WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Strong Trading Volume – Time to Buy?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw unusually-strong trading volume on Wednesday . Approximately 161,667 shares changed hands during trading, an increase of 254% from the previous session’s volume of 45,668 shares.The stock last traded at $113.2660 and had previously closed at $112.44.

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

The stock’s 50-day simple moving average is $104.64 and its 200 day simple moving average is $101.61. The firm has a market cap of $1.46 billion, a P/E ratio of 15.51 and a beta of 0.70.

WisdomTree U.S. High Dividend Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were issued a $0.195 dividend. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Tuesday, January 27th.

Hedge Funds Weigh In On WisdomTree U.S. High Dividend Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Private Trust Co. NA boosted its stake in WisdomTree U.S. High Dividend Fund by 35.2% during the fourth quarter. Private Trust Co. NA now owns 384 shares of the company’s stock worth $39,000 after acquiring an additional 100 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in WisdomTree U.S. High Dividend Fund by 0.6% in the fourth quarter. J.W. Cole Advisors Inc. now owns 16,026 shares of the company’s stock valued at $1,632,000 after purchasing an additional 101 shares in the last quarter. Avestar Capital LLC raised its holdings in shares of WisdomTree U.S. High Dividend Fund by 2.5% during the fourth quarter. Avestar Capital LLC now owns 4,548 shares of the company’s stock valued at $463,000 after purchasing an additional 109 shares during the period. BOK Financial Private Wealth Inc. boosted its position in shares of WisdomTree U.S. High Dividend Fund by 10.8% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 1,182 shares of the company’s stock worth $113,000 after purchasing an additional 115 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of WisdomTree U.S. High Dividend Fund by 0.3% during the 3rd quarter. Captrust Financial Advisors now owns 42,752 shares of the company’s stock worth $4,307,000 after purchasing an additional 116 shares in 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.