WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sets New 52-Week High – Here’s Why

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $54.37 and last traded at $54.32, with a volume of 151616 shares. The stock had previously closed at $53.43.

WisdomTree Emerging Markets High Dividend Fund Trading Up 1.6%

The firm has a market cap of $3.90 billion, a price-to-earnings ratio of 9.40 and a beta of 0.54. The company has a 50 day moving average of $50.64 and a 200 day moving average of $48.78.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DEM. Jones Financial Companies Lllp increased its stake in WisdomTree Emerging Markets High Dividend Fund by 122.6% in the 1st quarter. Jones Financial Companies Lllp now owns 19,346 shares of the company’s stock valued at $814,000 after buying an additional 10,656 shares during the last quarter. Brown Advisory Inc. increased its stake in WisdomTree Emerging Markets High Dividend Fund by 37.5% in the 2nd quarter. Brown Advisory Inc. now owns 6,857 shares of the company’s stock valued at $311,000 after buying an additional 1,869 shares during the last quarter. Raymond James Financial Inc. increased its stake in WisdomTree Emerging Markets High Dividend Fund by 10.2% in the 2nd quarter. Raymond James Financial Inc. now owns 592,480 shares of the company’s stock valued at $26,833,000 after buying an additional 54,959 shares during the last quarter. Ausdal Financial Partners Inc. acquired a new stake in WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter valued at $202,000. Finally, EP Wealth Advisors LLC acquired a new stake in WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter valued at $157,000. 58.33% of the stock is currently owned by institutional investors and hedge funds.

WisdomTree Emerging Markets High Dividend Fund Company Profile

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.