WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sets New 12-Month High – Here’s What Happened

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $57.18 and last traded at $57.16, with a volume of 51241 shares. The stock had previously closed at $56.29.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 9.40 and a beta of 0.56. The company’s 50 day moving average is $54.82 and its 200 day moving average is $53.32.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Tucker Asset Management LLC acquired a new stake in WisdomTree Emerging Markets High Dividend Fund during the second quarter worth about $26,000. Hantz Financial Services Inc. lifted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 172.6% in the 4th quarter. Hantz Financial Services Inc. now owns 646 shares of the company’s stock worth $30,000 after acquiring an additional 409 shares during the period. Trust Co. of Vermont bought a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter worth approximately $49,000. Western Wealth Management LLC bought a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 1st quarter worth approximately $73,000. Finally, GAMMA Investing LLC grew its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 101.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,634 shares of the company’s stock worth $88,000 after purchasing an additional 824 shares in the last quarter. Institutional investors and hedge funds own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

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.