WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Stock Falls 0.2% – What’s Next?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS)’s stock price fell 0.2% on Wednesday. The stock traded as low as $116.26 and last traded at $116.62. 29,564 shares changed hands during trading, a decline of 11% from the average session volume of 33,201 shares. The stock had previously closed at $116.90.

WisdomTree U.S. High Dividend Fund Trading Down 0.2%

The firm’s fifty day moving average price is $116.19 and its two-hundred day moving average price is $114.19. The stock has a market capitalization of $1.61 billion, a PE ratio of 15.51 and a beta of 0.58.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Catalyst Investment Management LLC increased its holdings in WisdomTree U.S. High Dividend Fund by 4.5% in the third quarter. Catalyst Investment Management LLC now owns 37,077 shares of the company’s stock valued at $4,152,000 after buying an additional 1,583 shares in the last quarter. Delta Capital Management LLC purchased a new position in WisdomTree U.S. High Dividend Fund in the third quarter valued at $224,000. 1834 Investment Advisors Co. acquired a new position in shares of WisdomTree U.S. High Dividend Fund in the third quarter worth about $335,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of WisdomTree U.S. High Dividend Fund in the third quarter worth about $123,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of WisdomTree U.S. High Dividend Fund in the third quarter worth about $266,000.

About WisdomTree U.S. High Dividend Fund

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.