WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Stock Passes Above 50 Day Moving Average – What’s Next?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $53.90 and traded as high as $55.31. WisdomTree U.S. MidCap Dividend Fund shares last traded at $54.75, with a volume of 154,247 shares trading hands.

WisdomTree U.S. MidCap Dividend Fund Trading Down 0.9%

The firm has a 50-day moving average of $53.90 and a 200 day moving average of $53.05. The company has a market cap of $3.85 billion, a P/E ratio of 15.04 and a beta of 0.87.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Avantax Planning Partners Inc. boosted its holdings in WisdomTree U.S. MidCap Dividend Fund by 2.6% in the first quarter. Avantax Planning Partners Inc. now owns 233,065 shares of the company’s stock worth $12,245,000 after acquiring an additional 5,817 shares in the last quarter. Financial Advisory Partners LLC boosted its holdings in WisdomTree U.S. MidCap Dividend Fund by 9.0% in the first quarter. Financial Advisory Partners LLC now owns 35,077 shares of the company’s stock worth $1,843,000 after acquiring an additional 2,894 shares in the last quarter. Midwest Trust Co boosted its holdings in WisdomTree U.S. MidCap Dividend Fund by 0.5% in the first quarter. Midwest Trust Co now owns 72,075 shares of the company’s stock worth $3,787,000 after acquiring an additional 348 shares in the last quarter. Fifth Third Bancorp boosted its holdings in WisdomTree U.S. MidCap Dividend Fund by 1,487.0% in the first quarter. Fifth Third Bancorp now owns 28,979 shares of the company’s stock worth $1,523,000 after acquiring an additional 27,153 shares in the last quarter. Finally, DMC Group LLC bought a new position in WisdomTree U.S. MidCap Dividend Fund in the first quarter worth approximately $387,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.