WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 12-Month High – What’s Next?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $94.86 and last traded at $94.72, with a volume of 73545 shares traded. The stock had previously closed at $94.06.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

The firm has a market capitalization of $5.98 billion, a PE ratio of 20.27 and a beta of 0.76. The firm has a 50-day simple moving average of $91.47 and a 200-day simple moving average of $89.92.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

Several large investors have recently added to or reduced their stakes in DLN. NewEdge Advisors LLC grew its position in WisdomTree U.S. LargeCap Dividend Fund by 5.0% during the first quarter. NewEdge Advisors LLC now owns 10,996 shares of the company’s stock valued at $873,000 after buying an additional 525 shares during the period. Jones Financial Companies Lllp grew its position in WisdomTree U.S. LargeCap Dividend Fund by 138.1% during the first quarter. Jones Financial Companies Lllp now owns 6,594 shares of the company’s stock valued at $523,000 after buying an additional 3,825 shares during the period. Goldman Sachs Group Inc. grew its position in WisdomTree U.S. LargeCap Dividend Fund by 3.8% during the first quarter. Goldman Sachs Group Inc. now owns 316,107 shares of the company’s stock valued at $25,089,000 after buying an additional 11,588 shares during the period. Flow Traders U.S. LLC bought a new stake in WisdomTree U.S. LargeCap Dividend Fund during the second quarter valued at approximately $411,000. Finally, Cerity Partners LLC grew its position in WisdomTree U.S. LargeCap Dividend Fund by 24.3% during the second quarter. Cerity Partners LLC now owns 47,079 shares of the company’s stock valued at $3,867,000 after buying an additional 9,206 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.