WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Trading 0.5% Higher – Time to Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares traded up 0.5% during mid-day trading on Monday . The stock traded as high as $92.06 and last traded at $92.01. 164,932 shares traded hands during trading, a decline of 14% from the average session volume of 191,296 shares. The stock had previously closed at $91.52.

WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.5%

The firm has a market cap of $5.88 billion, a PE ratio of 20.27 and a beta of 0.78. The firm’s 50 day moving average is $91.32 and its 200-day moving average is $89.19.

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

Several institutional investors and hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,899,581 shares of the company’s stock valued at $339,380,000 after buying an additional 13,290 shares during the period. LPL Financial LLC lifted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.9% during the fourth quarter. LPL Financial LLC now owns 3,575,342 shares of the company’s stock valued at $314,916,000 after buying an additional 99,769 shares during the period. Focus Partners Wealth lifted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.7% during the fourth quarter. Focus Partners Wealth now owns 2,579,158 shares of the company’s stock valued at $227,172,000 after buying an additional 116,260 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 47.4% during the second quarter. Ameriprise Financial Inc. now owns 2,106,770 shares of the company’s stock valued at $173,055,000 after buying an additional 677,082 shares during the period. Finally, UBS Group AG lifted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.4% during the third quarter. UBS Group AG now owns 1,359,616 shares of the company’s stock valued at $118,327,000 after buying an additional 57,837 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. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.