WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Shares Up 0.7% – Should You Buy?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s stock price rose 0.7% during mid-day trading on Tuesday . The company traded as high as $46.18 and last traded at $46.18. Approximately 377,022 shares traded hands during trading, an increase of 64% from the average daily volume of 229,481 shares. The stock had previously closed at $45.88.

WisdomTree Emerging Markets High Dividend Fund Trading Up 0.6%

The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 9.40 and a beta of 0.62. The stock has a 50-day moving average of $46.10 and a 200-day moving average of $45.72.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

Several hedge funds have recently bought and sold shares of the company. Kestra Investment Management LLC grew its position in WisdomTree Emerging Markets High Dividend Fund by 96.3% in the 1st quarter. Kestra Investment Management LLC now owns 2,117,604 shares of the company’s stock worth $89,109,000 after purchasing an additional 1,038,639 shares during the last quarter. OLD Mission Capital LLC grew its holdings in WisdomTree Emerging Markets High Dividend Fund by 693.9% in the 1st quarter. OLD Mission Capital LLC now owns 281,476 shares of the company’s stock worth $11,845,000 after buying an additional 246,019 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in WisdomTree Emerging Markets High Dividend Fund by 23.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 660,307 shares of the company’s stock valued at $30,368,000 after acquiring an additional 124,323 shares in the last quarter. Bank of America Corp DE raised its stake in WisdomTree Emerging Markets High Dividend Fund by 2.2% during the 3rd quarter. Bank of America Corp DE now owns 5,704,351 shares of the company’s stock valued at $262,343,000 after acquiring an additional 123,553 shares in the last quarter. Finally, Stonebridge Wealth Management LLC acquired a new position in WisdomTree Emerging Markets High Dividend Fund during the 2nd quarter worth $4,673,000. 58.33% of the stock is currently owned by institutional investors.

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.