WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Stock Price Down 0.6% – Here’s Why

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s share price dropped 0.6% on Tuesday . The company traded as low as $100.10 and last traded at $100.18. Approximately 68,830 shares were traded during mid-day trading, a decline of 56% from the average session volume of 155,557 shares. The stock had previously closed at $100.83.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

The firm has a 50 day moving average of $99.46 and a 200-day moving average of $95.53. The stock has a market capitalization of $6.30 billion, a P/E ratio of 20.27 and a beta of 0.75.

Institutional Investors Weigh In On WisdomTree U.S. LargeCap Dividend Fund

A number of large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. boosted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 47.4% during the second quarter. Ameriprise Financial Inc. now owns 2,106,770 shares of the company’s stock worth $173,055,000 after acquiring an additional 677,082 shares during the period. Align Financial LLC bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the fourth quarter worth approximately $27,890,000. Corient Private Wealth LLC lifted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 3,125.3% during the 4th quarter. Corient Private Wealth LLC now owns 242,932 shares of the company’s stock worth $21,201,000 after purchasing an additional 235,400 shares during the last quarter. truNorth Financial Services Inc. acquired a new stake in WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter worth approximately $12,225,000. Finally, Focus Partners Wealth boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 4.7% in the 4th quarter. Focus Partners Wealth now owns 2,579,158 shares of the company’s stock valued at $227,172,000 after purchasing an additional 116,260 shares during the period.

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.