WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Strong Trading Volume – Here’s What Happened

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw strong trading volume on Thursday . 524,536 shares changed hands during mid-day trading, an increase of 106% from the previous session’s volume of 254,607 shares.The stock last traded at $81.74 and had previously closed at $82.22.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The firm has a 50-day moving average price of $79.44 and a 200-day moving average price of $78.74. The stock has a market cap of $4.56 billion, a P/E ratio of 18.38 and a beta of 0.77.

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

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James & Associates grew its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 22.9% during the 3rd quarter. Raymond James & Associates now owns 238,279 shares of the company’s stock valued at $18,719,000 after acquiring an additional 44,454 shares during the period. Private Advisor Group LLC lifted its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 6.2% in the third quarter. Private Advisor Group LLC now owns 222,511 shares of the company’s stock valued at $17,480,000 after acquiring an additional 13,034 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the third quarter valued at approximately $46,000. Lake Street Advisors Group LLC boosted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.8% during the 3rd quarter. Lake Street Advisors Group LLC now owns 11,222 shares of the company’s stock valued at $882,000 after purchasing an additional 202 shares during the last quarter. Finally, Convergence Financial LLC bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the third quarter worth about $489,000.

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.