WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sets New 1-Year High – Still a Buy?

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) reached a new 52-week high on Wednesday . The stock traded as high as $94.90 and last traded at $94.8730, with a volume of 96566 shares trading hands. The stock had previously closed at $94.65.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

The firm has a fifty day moving average of $91.53 and a two-hundred day moving average of $90.07. The stock has a market capitalization of $6.03 billion, a P/E ratio of 20.27 and a beta of 0.76.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

Several institutional investors and hedge funds have recently made changes to their positions in DLN. Dana Investment Advisors Inc. grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.7% during the 4th quarter. Dana Investment Advisors Inc. now owns 2,450 shares of the company’s stock worth $216,000 after purchasing an additional 111 shares during the period. Merit Financial Group LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.3% during the 4th quarter. Merit Financial Group LLC now owns 9,710 shares of the company’s stock worth $855,000 after purchasing an additional 123 shares during the period. Thoroughbred Financial Services LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.5% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 8,888 shares of the company’s stock worth $773,000 after purchasing an additional 131 shares during the period. Team Financial Group LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.7% during the 1st quarter. Team Financial Group LLC now owns 22,547 shares of the company’s stock worth $2,014,000 after purchasing an additional 149 shares during the period. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.5% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 28,707 shares of the company’s stock worth $2,498,000 after purchasing an additional 153 shares during the period.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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.