WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sets New 12-Month High – Should You Buy?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) reached a new 52-week high during trading on Monday . The stock traded as high as $118.36 and last traded at $118.23, with a volume of 8075 shares traded. The stock had previously closed at $117.55.

WisdomTree U.S. High Dividend Fund Price Performance

The stock’s 50-day moving average is $113.89 and its 200 day moving average is $111.05. The company has a market cap of $1.58 billion, a PE ratio of 15.51 and a beta of 0.59.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Several hedge funds and other institutional investors have recently made changes to their positions in DHS. Park National Corp OH acquired a new stake in shares of WisdomTree U.S. High Dividend Fund in the 1st quarter worth $28,000. Versant Capital Management Inc acquired a new position in WisdomTree U.S. High Dividend Fund during the 2nd quarter valued at about $43,000. Private Trust Co. NA raised its stake in WisdomTree U.S. High Dividend Fund by 35.2% in the fourth quarter. Private Trust Co. NA now owns 384 shares of the company’s stock valued at $39,000 after buying an additional 100 shares during the last quarter. Key Financial Inc raised its stake in WisdomTree U.S. High Dividend Fund by 26.4% in the first quarter. Key Financial Inc now owns 594 shares of the company’s stock valued at $65,000 after buying an additional 124 shares during the last quarter. Finally, Triumph Capital Management acquired a new stake in WisdomTree U.S. High Dividend Fund in the third quarter worth about $71,000.

WisdomTree U.S. High Dividend Fund Company Profile

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.