WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sets New 1-Year High – Here’s What Happened

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) hit a new 52-week high on Friday . The stock traded as high as $52.99 and last traded at $52.72, with a volume of 31915 shares changing hands. The stock had previously closed at $52.42.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The firm’s fifty day moving average price is $50.52 and its two-hundred day moving average price is $48.58. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 9.40 and a beta of 0.54.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Cornerstone Wealth Group LLC raised its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 1.5% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 173,047 shares of the company’s stock worth $7,958,000 after acquiring an additional 2,589 shares during the last quarter. Element Wealth LLC raised its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 8.5% in the 3rd quarter. Element Wealth LLC now owns 21,557 shares of the company’s stock worth $991,000 after acquiring an additional 1,696 shares during the last quarter. Quantum Portfolio Management LLC raised its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 57.5% in the 3rd quarter. Quantum Portfolio Management LLC now owns 150,937 shares of the company’s stock worth $6,942,000 after acquiring an additional 55,115 shares during the last quarter. Inspire Advisors LLC raised its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 4.6% in the 3rd quarter. Inspire Advisors LLC now owns 134,703 shares of the company’s stock worth $6,195,000 after acquiring an additional 5,955 shares during the last quarter. Finally, MBA Advisors LLC raised its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 1.1% in the 3rd quarter. MBA Advisors LLC now owns 25,102 shares of the company’s stock worth $1,154,000 after acquiring an additional 261 shares during the last quarter. Institutional investors and hedge funds own 58.33% of the company’s stock.

WisdomTree Emerging Markets High Dividend Fund Company Profile

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.