WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Strong Trading Volume – Here’s Why

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw unusually-strong trading volume on Wednesday . Approximately 101,934 shares changed hands during trading, an increase of 147% from the previous session’s volume of 41,345 shares.The stock last traded at $86.35 and had previously closed at $87.71.

WisdomTree U.S. High Dividend Fund Stock Up 4.0 %

The stock has a market capitalization of $1.15 billion, a PE ratio of 17.30 and a beta of 0.69. The firm has a 50 day moving average price of $97.00 and a 200 day moving average price of $96.04.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DHS. FMR LLC grew its holdings in shares of WisdomTree U.S. High Dividend Fund by 24.3% in the third quarter. FMR LLC now owns 3,959 shares of the company’s stock valued at $371,000 after acquiring an additional 773 shares in the last quarter. Stifel Financial Corp increased its position in shares of WisdomTree U.S. High Dividend Fund by 4.1% during the 3rd quarter. Stifel Financial Corp now owns 7,503 shares of the company’s stock valued at $704,000 after purchasing an additional 293 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in shares of WisdomTree U.S. High Dividend Fund during the 3rd quarter worth $364,000. Orion Portfolio Solutions LLC boosted its holdings in shares of WisdomTree U.S. High Dividend Fund by 10.5% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 31,559 shares of the company’s stock worth $2,960,000 after buying an additional 2,996 shares during the last quarter. Finally, MML Investors Services LLC grew its position in WisdomTree U.S. High Dividend Fund by 31.3% during the third quarter. MML Investors Services LLC now owns 26,631 shares of the company’s stock valued at $2,498,000 after buying an additional 6,350 shares during the period.

WisdomTree U.S. High Dividend Fund Company Profile

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.