WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Hits New 1-Year Low – Should You Sell?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares reached a new 52-week low during trading on Friday . The company traded as low as $45.11 and last traded at $44.96, with a volume of 40796 shares changing hands. The stock had previously closed at $47.33.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

The business has a 50-day moving average of $50.74 and a 200 day moving average of $51.61. The stock has a market cap of $3.31 billion, a PE ratio of 16.05 and a beta of 0.93.

Hedge Funds Weigh In On WisdomTree U.S. MidCap Dividend Fund

A number of institutional investors have recently modified their holdings of DON. Powers Advisory Group LLC increased its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 0.5% during the 4th quarter. Powers Advisory Group LLC now owns 47,536 shares of the company’s stock valued at $2,423,000 after acquiring an additional 233 shares during the last quarter. Focus Financial Network Inc. raised its stake in WisdomTree U.S. MidCap Dividend Fund by 1.4% during the fourth quarter. Focus Financial Network Inc. now owns 17,288 shares of the company’s stock worth $881,000 after purchasing an additional 238 shares during the period. Great Valley Advisor Group Inc. boosted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 0.9% in the 4th quarter. Great Valley Advisor Group Inc. now owns 31,823 shares of the company’s stock valued at $1,622,000 after purchasing an additional 296 shares during the last quarter. Missouri Trust & Investment Co grew its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 41.4% during the 4th quarter. Missouri Trust & Investment Co now owns 1,025 shares of the company’s stock valued at $52,000 after buying an additional 300 shares during the period. Finally, Miracle Mile Advisors LLC raised its position in shares of WisdomTree U.S. MidCap Dividend Fund by 1.4% in the 4th quarter. Miracle Mile Advisors LLC now owns 24,324 shares of the company’s stock worth $1,240,000 after buying an additional 342 shares during the period.

WisdomTree U.S. MidCap Dividend Fund Company Profile

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