WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Reaches New 12-Month High – Still a Buy?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $54.37 and last traded at $54.32, with a volume of 151616 shares. The stock had previously closed at $53.43.

WisdomTree Emerging Markets High Dividend Fund Stock Up 1.7%

The company has a fifty day simple moving average of $50.61 and a 200 day simple moving average of $48.72. The firm has a market capitalization of $3.88 billion, a P/E ratio of 9.40 and a beta of 0.54.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several hedge funds have recently added to or reduced their stakes in the stock. Quartz Partners LLC boosted its holdings in WisdomTree Emerging Markets High Dividend Fund by 3.9% in the fourth quarter. Quartz Partners LLC now owns 5,340 shares of the company’s stock worth $249,000 after acquiring an additional 200 shares in the last quarter. Maseco LLP boosted its holdings in WisdomTree Emerging Markets High Dividend Fund by 13.2% in the first quarter. Maseco LLP now owns 1,787 shares of the company’s stock worth $89,000 after acquiring an additional 209 shares in the last quarter. Berger Financial Group Inc boosted its holdings in WisdomTree Emerging Markets High Dividend Fund by 1.9% in the first quarter. Berger Financial Group Inc now owns 11,559 shares of the company’s stock worth $574,000 after acquiring an additional 218 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in WisdomTree Emerging Markets High Dividend Fund by 2.4% in the third quarter. Oppenheimer & Co. Inc. now owns 9,349 shares of the company’s stock worth $430,000 after acquiring an additional 223 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in WisdomTree Emerging Markets High Dividend Fund by 3.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,000 shares of the company’s stock worth $327,000 after acquiring an additional 239 shares in the last quarter. 58.33% of the stock is owned by institutional investors.

About WisdomTree Emerging Markets High Dividend Fund

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.