WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Reaches New 12-Month High – Should You Buy?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DESGet Free Report) hit a new 52-week high on Monday . The company traded as high as $40.53 and last traded at $40.2090, with a volume of 73717 shares traded. The stock had previously closed at $40.07.

WisdomTree U.S. SmallCap Dividend Fund Price Performance

The business’s 50-day moving average price is $38.37 and its two-hundred day moving average price is $36.50. The company has a market capitalization of $2.13 billion, a P/E ratio of 13.64 and a beta of 0.90.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Three Bearings Fiduciary Advisors Inc. raised its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 0.5% during the first quarter. Three Bearings Fiduciary Advisors Inc. now owns 128,603 shares of the company’s stock worth $4,622,000 after acquiring an additional 604 shares during the period. Farmers National Bank raised its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 5.2% during the first quarter. Farmers National Bank now owns 78,628 shares of the company’s stock worth $2,826,000 after acquiring an additional 3,921 shares during the period. Vestor Capital LLC acquired a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the first quarter worth $2,707,000. Western Wealth Management LLC acquired a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the first quarter worth $184,000. Finally, Paragon Private Wealth Management LLC raised its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 23.0% during the first quarter. Paragon Private Wealth Management LLC now owns 34,821 shares of the company’s stock worth $1,251,000 after acquiring an additional 6,507 shares during the period.

About WisdomTree U.S. SmallCap Dividend Fund

(Get Free Report)

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.

Further Reading

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