WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Trading Down 0.3% – Here’s Why

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s stock price was down 0.3% during mid-day trading on Tuesday . The stock traded as low as $79.40 and last traded at $79.58. Approximately 78,534 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 146,551 shares. The stock had previously closed at $79.79.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The business has a 50 day simple moving average of $80.22 and a 200-day simple moving average of $79.51. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 21.56 and a beta of 0.86.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 9.4% during the 4th quarter. LPL Financial LLC now owns 2,964,255 shares of the company’s stock worth $230,589,000 after buying an additional 253,977 shares during the last quarter. Focus Partners Wealth boosted its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 11,875.7% during the fourth quarter. Focus Partners Wealth now owns 2,350,826 shares of the company’s stock worth $182,871,000 after buying an additional 2,331,196 shares during the period. Ameriprise Financial Inc. grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 38.0% in the fourth quarter. Ameriprise Financial Inc. now owns 1,773,492 shares of the company’s stock valued at $137,936,000 after buying an additional 488,036 shares in the last quarter. Bank of America Corp DE grew its position in WisdomTree U.S. LargeCap Dividend Fund by 57.6% in the 4th quarter. Bank of America Corp DE now owns 1,663,912 shares of the company’s stock valued at $129,436,000 after acquiring an additional 607,908 shares in the last quarter. Finally, Evercore Wealth Management LLC increased its stake in WisdomTree U.S. LargeCap Dividend Fund by 0.3% during the 4th quarter. Evercore Wealth Management LLC now owns 1,134,076 shares of the company’s stock worth $88,220,000 after buying an additional 3,545 shares during the period.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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.