WisdomTree International High Dividend Fund (NYSEARCA:DTH) Stock Crosses Below Fifty Day Moving Average – Here’s Why

WisdomTree International High Dividend Fund (NYSEARCA:DTH) shares crossed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $56.54 and traded as low as $56.08. WisdomTree International High Dividend Fund shares last traded at $56.42, with a volume of 9,739 shares traded.

WisdomTree International High Dividend Fund Trading Down 0.4%

The firm has a market capitalization of $643.19 million, a price-to-earnings ratio of 12.57 and a beta of 0.58. The stock has a fifty day moving average of $56.54 and a 200-day moving average of $56.07.

Hedge Funds Weigh In On WisdomTree International High Dividend Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of WisdomTree International High Dividend Fund by 12.3% in the 1st quarter. Bank of America Corp DE now owns 1,590,394 shares of the company’s stock valued at $86,024,000 after purchasing an additional 173,759 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of WisdomTree International High Dividend Fund by 87.6% in the second quarter. Envestnet Asset Management Inc. now owns 302,364 shares of the company’s stock worth $16,361,000 after buying an additional 141,204 shares during the period. Freedom Day Solutions LLC acquired a new position in shares of WisdomTree International High Dividend Fund in the third quarter worth about $13,864,000. Private Advisor Group LLC acquired a new position in shares of WisdomTree International High Dividend Fund in the third quarter worth about $9,142,000. Finally, Stonebridge Wealth Management LLC increased its position in shares of WisdomTree International High Dividend Fund by 1.4% in the third quarter. Stonebridge Wealth Management LLC now owns 150,012 shares of the company’s stock worth $8,372,000 after acquiring an additional 2,046 shares in the last quarter.

WisdomTree International High Dividend Fund Company Profile

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.