WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Shares Up 0.9% – Should You Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s stock price was up 0.9% during trading on Monday . The company traded as high as $89.73 and last traded at $88.98. Approximately 235,249 shares traded hands during mid-day trading, an increase of 27% from the average daily volume of 184,955 shares. The stock had previously closed at $88.17.

WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.4%

The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of 20.27 and a beta of 0.82. The company has a 50 day moving average of $91.41 and a 200 day moving average of $88.78.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Capital Investment Advisory Services LLC purchased a new position in WisdomTree U.S. LargeCap Dividend Fund in the third quarter valued at approximately $25,000. Dunhill Financial LLC purchased a new stake in WisdomTree U.S. LargeCap Dividend Fund during the third quarter worth approximately $26,000. GGM Financials LLC acquired a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the fourth quarter worth $30,000. Valley National Advisers Inc. acquired a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the fourth quarter worth $36,000. Finally, BNP Paribas Financial Markets raised its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 298.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 410 shares of the company’s stock valued at $36,000 after acquiring an additional 307 shares during the period.

About WisdomTree U.S. LargeCap Dividend Fund

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.