WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sees Large Volume Increase – Should You Buy?

Shares of WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) saw unusually-strong trading volume on Friday . Approximately 330,440 shares changed hands during mid-day trading, a decline of 6% from the previous session’s volume of 350,651 shares.The stock last traded at $48.6270 and had previously closed at $49.52.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The stock has a market capitalization of $3.42 billion, a P/E ratio of 9.40 and a beta of 0.62. The stock’s fifty day moving average is $49.94 and its two-hundred day moving average is $47.65.

WisdomTree Emerging Markets High Dividend Fund Announces Dividend

The business also recently announced a special dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were issued a $0.072 dividend. The ex-dividend date was Wednesday, December 31st.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

A number of hedge funds and other institutional investors have recently modified their holdings of DEM. Stonebridge Wealth Management LLC purchased a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter valued at approximately $4,673,000. BNP Paribas raised its stake in WisdomTree Emerging Markets High Dividend Fund by 1.0% during the 2nd quarter. BNP Paribas now owns 26,361 shares of the company’s stock valued at $1,194,000 after purchasing an additional 260 shares during the period. Beacon Pointe Advisors LLC lifted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 12.6% in the second quarter. Beacon Pointe Advisors LLC now owns 15,316 shares of the company’s stock valued at $694,000 after purchasing an additional 1,714 shares in the last quarter. Quantum Portfolio Management LLC lifted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 33.1% in the second quarter. Quantum Portfolio Management LLC now owns 95,822 shares of the company’s stock valued at $4,340,000 after purchasing an additional 23,841 shares in the last quarter. Finally, M&T Bank Corp boosted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 0.3% in the second quarter. M&T Bank Corp now owns 271,359 shares of the company’s stock worth $12,290,000 after buying an additional 793 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. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.