WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Hits New 52-Week High – Time to Buy?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) reached a new 52-week high on Tuesday . The company traded as high as $39.35 and last traded at $39.47, with a volume of 9571 shares trading hands. The stock had previously closed at $38.76.

WisdomTree U.S. SmallCap Dividend Fund Price Performance

The firm has a market cap of $2.11 billion, a P/E ratio of 13.64 and a beta of 0.90. The stock’s 50 day moving average is $37.93 and its two-hundred day moving average is $36.21.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at about $27,000. Rossby Financial LCC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at about $28,000. CBIZ Investment Advisory Services LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at about $30,000. Sfam LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at about $31,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at about $32,000.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.