WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Reaches New 12-Month High – Should You Buy?

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) hit a new 52-week high during trading on Friday . The company traded as high as $98.60 and last traded at $98.6260, with a volume of 16743 shares. The stock had previously closed at $97.78.

WisdomTree U.S. LargeCap Dividend Fund Trading Up 0.7%

The business’s 50-day simple moving average is $96.58 and its two-hundred day simple moving average is $93.33. The company has a market capitalization of $6.25 billion, a PE ratio of 20.27 and a beta of 0.76.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 10,996 shares of the company’s stock valued at $873,000 after buying an additional 525 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 138.1% in the first quarter. Jones Financial Companies Lllp now owns 6,594 shares of the company’s stock worth $523,000 after buying an additional 3,825 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in WisdomTree U.S. LargeCap Dividend Fund by 3.8% in the first quarter. Goldman Sachs Group Inc. now owns 316,107 shares of the company’s stock valued at $25,089,000 after acquiring an additional 11,588 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in WisdomTree U.S. LargeCap Dividend Fund in the second quarter valued at $411,000. Finally, Cerity Partners LLC boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 24.3% during the 2nd quarter. Cerity Partners LLC now owns 47,079 shares of the company’s stock valued at $3,867,000 after acquiring an additional 9,206 shares during the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.