WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN – Get Free Report) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 18,720 shares, a decline of 63.0% from the May 14th total of 50,663 shares. Based on an average trading volume of 116,720 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.
Hedge Funds Weigh In On WisdomTree U.S. LargeCap Dividend Fund
Several institutional investors and hedge funds have recently modified their holdings of the stock. Dunhill Financial LLC bought a new stake in WisdomTree U.S. LargeCap Dividend Fund in the third quarter worth approximately $26,000. GGM Financials LLC bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter valued at $30,000. Valley National Advisers Inc. bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter valued at $36,000. BNP Paribas Financial Markets raised its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 298.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 410 shares of the company’s stock valued at $36,000 after purchasing an additional 307 shares in the last quarter. Finally, Quattro Advisors LLC bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter valued at $40,000.
WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.7%
Shares of WisdomTree U.S. LargeCap Dividend Fund stock traded up $0.71 on Friday, hitting $96.82. 157,060 shares of the company traded hands, compared to its average volume of 175,884. The company has a 50-day moving average price of $94.15 and a 200 day moving average price of $91.49. WisdomTree U.S. LargeCap Dividend Fund has a 12-month low of $80.01 and a 12-month high of $97.07. The company has a market cap of $6.16 billion, a PE ratio of 20.27 and a beta of 0.76.
About WisdomTree U.S. LargeCap Dividend Fund
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.
Further Reading
- Five stocks we like better than WisdomTree U.S. LargeCap Dividend Fund
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for WisdomTree U.S. LargeCap Dividend Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. LargeCap Dividend Fund and related companies with MarketBeat.com's FREE daily email newsletter.
