WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Hits New 52-Week High – What’s Next?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS)’s share price hit a new 52-week high on Monday . The stock traded as high as $103.10 and last traded at $103.07, with a volume of 8244 shares. The stock had previously closed at $102.41.

WisdomTree U.S. High Dividend Fund Price Performance

The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 15.51 and a beta of 0.70. The firm has a fifty day moving average of $101.01 and a 200 day moving average of $99.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Orion Capital Management LLC acquired a new stake in WisdomTree U.S. High Dividend Fund during the third quarter worth about $25,000. Private Trust Co. NA grew its stake in shares of WisdomTree U.S. High Dividend Fund by 136.7% in the 3rd quarter. Private Trust Co. NA now owns 284 shares of the company’s stock valued at $29,000 after buying an additional 164 shares during the period. Financial Consulate Inc. acquired a new stake in shares of WisdomTree U.S. High Dividend Fund during the 3rd quarter worth approximately $30,000. NorthRock Partners LLC increased its holdings in shares of WisdomTree U.S. High Dividend Fund by 157.9% during the 2nd quarter. NorthRock Partners LLC now owns 539 shares of the company’s stock worth $52,000 after buying an additional 330 shares during the last quarter. Finally, Assetmark Inc. raised its position in shares of WisdomTree U.S. High Dividend Fund by 4,166.7% during the 3rd quarter. Assetmark Inc. now owns 512 shares of the company’s stock valued at $52,000 after buying an additional 500 shares during the period.

About WisdomTree U.S. High Dividend Fund

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