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

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares saw unusually-high trading volume on Thursday . Approximately 245,654 shares were traded during mid-day trading, an increase of 90% from the previous session’s volume of 129,509 shares.The stock last traded at $78.02 and had previously closed at $77.79.

WisdomTree U.S. LargeCap Dividend Fund Trading Up 0.2 %

The stock has a market cap of $4.34 billion, a P/E ratio of 18.38 and a beta of 0.77. The stock has a 50 day simple moving average of $79.89 and a 200 day simple moving average of $77.28.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the third quarter worth about $46,000. Coastline Trust Co bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the third quarter worth approximately $47,000. GAMMA Investing LLC lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 100.0% during the 3rd quarter. GAMMA Investing LLC now owns 944 shares of the company’s stock worth $74,000 after acquiring an additional 472 shares during the last quarter. Brady Family Wealth LLC purchased a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter valued at about $209,000. Finally, Pullen Investment Management LLC bought a new stake in WisdomTree U.S. LargeCap Dividend Fund in the third quarter worth $214,000.

About WisdomTree U.S. LargeCap Dividend Fund

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market.