WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Trading 0.9% Higher – Time to Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s stock price traded up 0.9% on Monday . The stock traded as high as $89.73 and last traded at $88.98. 235,249 shares were traded during mid-day trading, an increase of 27% from the average session volume of 184,955 shares. The stock had previously closed at $88.17.

WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.9%

The business’s fifty day moving average is $91.43 and its 200-day moving average is $88.75. The company has a market cap of $5.61 billion, a PE ratio of 20.27 and a beta of 0.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. raised its holdings in WisdomTree U.S. LargeCap Dividend Fund by 47.4% during the second quarter. Ameriprise Financial Inc. now owns 2,106,770 shares of the company’s stock valued at $173,055,000 after acquiring an additional 677,082 shares during the period. Align Financial LLC bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the fourth quarter worth about $27,890,000. Corient Private Wealth LLC grew its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 3,125.3% during the fourth quarter. Corient Private Wealth LLC now owns 242,932 shares of the company’s stock worth $21,201,000 after purchasing an additional 235,400 shares in the last quarter. NerdWallet Wealth Partners LLC purchased a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the third quarter worth about $17,563,000. Finally, FIDELIS iM LLC raised its stake in WisdomTree U.S. LargeCap Dividend Fund by 305.9% during the 4th quarter. FIDELIS iM LLC now owns 267,722 shares of the company’s stock valued at $23,581,000 after purchasing an additional 201,762 shares during the period.

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. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.