WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sets New 52-Week High – Here’s Why

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) hit a new 52-week high on Tuesday . The company traded as high as $48.36 and last traded at $48.2950, with a volume of 125052 shares changing hands. The stock had previously closed at $48.05.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

The company has a fifty day simple moving average of $46.90 and a two-hundred day simple moving average of $46.39. The firm has a market capitalization of $3.38 billion, a PE ratio of 9.40 and a beta of 0.62.

WisdomTree Emerging Markets High Dividend Fund Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were paid a $0.072 dividend. The ex-dividend date of this dividend was Wednesday, December 31st.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in DEM. PBMares Wealth Management LLC lifted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 4.0% in the 2nd quarter. PBMares Wealth Management LLC now owns 5,729 shares of the company’s stock worth $259,000 after purchasing an additional 221 shares during the period. Evanson Asset Management LLC raised its stake in WisdomTree Emerging Markets High Dividend Fund by 0.9% in the third quarter. Evanson Asset Management LLC now owns 25,553 shares of the company’s stock worth $1,175,000 after buying an additional 222 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in WisdomTree Emerging Markets High Dividend Fund by 2.4% during the third quarter. Oppenheimer & Co. Inc. now owns 9,349 shares of the company’s stock worth $430,000 after buying an additional 223 shares during the period. AE Wealth Management LLC boosted its position in WisdomTree Emerging Markets High Dividend Fund by 54.8% during the 2nd quarter. AE Wealth Management LLC now owns 709 shares of the company’s stock valued at $32,000 after acquiring an additional 251 shares in the last quarter. Finally, IFG Advisory LLC boosted its position in WisdomTree Emerging Markets High Dividend Fund by 3.4% during the 3rd quarter. IFG Advisory LLC now owns 7,574 shares of the company’s stock valued at $348,000 after acquiring an additional 251 shares in the last quarter. Hedge funds and other institutional investors 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.