WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Hits New 52-Week High – Here’s What Happened

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) reached a new 52-week high during trading on Monday . The company traded as high as $118.36 and last traded at $118.23, with a volume of 8075 shares. The stock had previously closed at $117.55.

WisdomTree U.S. High Dividend Fund Trading Up 0.4%

The company’s 50 day moving average is $113.62 and its 200 day moving average is $110.83. The company has a market cap of $1.56 billion, a PE ratio of 15.51 and a beta of 0.59.

Hedge Funds Weigh In On WisdomTree U.S. High Dividend Fund

A number of institutional investors have recently modified their holdings of DHS. Park National Corp OH purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the first quarter valued at approximately $28,000. Private Trust Co. NA raised its position in WisdomTree U.S. High Dividend Fund by 35.2% during the 4th quarter. Private Trust Co. NA now owns 384 shares of the company’s stock valued at $39,000 after purchasing an additional 100 shares in the last quarter. Versant Capital Management Inc bought a new stake in WisdomTree U.S. High Dividend Fund during the 2nd quarter valued at $43,000. Key Financial Inc lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 26.4% in the 1st quarter. Key Financial Inc now owns 594 shares of the company’s stock worth $65,000 after buying an additional 124 shares during the period. Finally, Triumph Capital Management purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the 3rd quarter worth $71,000.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.