WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $53.81 and traded as high as $54.78. WisdomTree U.S. MidCap Dividend Fund shares last traded at $54.78, with a volume of 114,304 shares traded.

WisdomTree U.S. MidCap Dividend Fund Trading Up 1.4%

The company has a market capitalization of $3.85 billion, a PE ratio of 15.04 and a beta of 0.87. The business’s 50-day simple moving average is $53.81 and its 200-day simple moving average is $53.35.

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

Several institutional investors have recently made changes to their positions in the company. Howard Bailey Securities LLC lifted its position in WisdomTree U.S. MidCap Dividend Fund by 22.7% in the third quarter. Howard Bailey Securities LLC now owns 85,585 shares of the company’s stock valued at $4,476,000 after buying an additional 15,820 shares during the last quarter. Meridian Wealth Management LLC lifted its position in WisdomTree U.S. MidCap Dividend Fund by 0.9% in the third quarter. Meridian Wealth Management LLC now owns 83,017 shares of the company’s stock valued at $4,342,000 after buying an additional 770 shares during the last quarter. Keybank National Association OH lifted its position in WisdomTree U.S. MidCap Dividend Fund by 0.6% in the third quarter. Keybank National Association OH now owns 499,724 shares of the company’s stock valued at $26,136,000 after buying an additional 2,745 shares during the last quarter. Cornerstone Wealth Management LLC lifted its position in WisdomTree U.S. MidCap Dividend Fund by 0.7% in the third quarter. Cornerstone Wealth Management LLC now owns 143,038 shares of the company’s stock valued at $7,481,000 after buying an additional 1,022 shares during the last quarter. Finally, Cahill Financial Advisors Inc. lifted its position in WisdomTree U.S. MidCap Dividend Fund by 1.2% in the third quarter. Cahill Financial Advisors Inc. now owns 77,142 shares of the company’s stock valued at $4,035,000 after buying an additional 887 shares during the last quarter.

About WisdomTree U.S. MidCap Dividend Fund

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. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.