WisdomTree International High Dividend Fund (NYSEARCA:DTH) Reaches New 12-Month High – Time to Buy?

Shares of WisdomTree International High Dividend Fund (NYSEARCA:DTH) hit a new 52-week high during trading on Tuesday . The stock traded as high as $58.05 and last traded at $58.0460, with a volume of 21206 shares. The stock had previously closed at $57.76.

WisdomTree International High Dividend Fund Stock Up 0.2%

The stock’s 50 day moving average is $55.68 and its 200-day moving average is $55.36. The company has a market cap of $656.82 million, a PE ratio of 11.30 and a beta of 0.56.

Hedge Funds Weigh In On WisdomTree International High Dividend Fund

A number of large investors have recently made changes to their positions in the company. Royal Bank of Canada grew its stake in shares of WisdomTree International High Dividend Fund by 5.8% during the first quarter. Royal Bank of Canada now owns 28,166 shares of the company’s stock valued at $1,196,000 after buying an additional 1,538 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of WisdomTree International High Dividend Fund during the first quarter valued at $28,000. JPMorgan Chase & Co. grew its holdings in WisdomTree International High Dividend Fund by 5,341.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 28,297 shares of the company’s stock worth $1,311,000 after acquiring an additional 27,777 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of WisdomTree International High Dividend Fund by 3.1% in the 2nd quarter. Baird Financial Group Inc. now owns 65,981 shares of the company’s stock worth $3,057,000 after purchasing an additional 2,008 shares during the period. Finally, Raymond James Financial Inc. raised its stake in WisdomTree International High Dividend Fund by 12.9% in the second quarter. Raymond James Financial Inc. now owns 93,944 shares of the company’s stock worth $4,353,000 after buying an additional 10,712 shares in the last quarter.

About WisdomTree International High Dividend Fund

WisdomTree DEFA Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree DEFA 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 DEFA Index. At the Index measurement date, companies within the WisdomTree DEFA 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.