WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Hits New 1-Year High – Time to Buy?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $56.53 and last traded at $56.3870, with a volume of 8339 shares changing hands. The stock had previously closed at $55.71.

WisdomTree Emerging Markets High Dividend Fund Trading Down 1.0%

The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 9.40 and a beta of 0.55. The stock has a fifty day simple moving average of $53.44 and a 200-day simple moving average of $50.43.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DEM. Jones Financial Companies Lllp grew its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 122.6% during the 1st quarter. Jones Financial Companies Lllp now owns 19,346 shares of the company’s stock worth $814,000 after purchasing an additional 10,656 shares in the last quarter. Brown Advisory Inc. raised its position in WisdomTree Emerging Markets High Dividend Fund by 37.5% in the 2nd quarter. Brown Advisory Inc. now owns 6,857 shares of the company’s stock valued at $311,000 after purchasing an additional 1,869 shares during the last quarter. Raymond James Financial Inc. raised its position in WisdomTree Emerging Markets High Dividend Fund by 10.2% in the 2nd quarter. Raymond James Financial Inc. now owns 592,480 shares of the company’s stock valued at $26,833,000 after purchasing an additional 54,959 shares during the last quarter. Ausdal Financial Partners Inc. bought a new position in WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter valued at $202,000. Finally, EP Wealth Advisors LLC bought a new stake in shares of WisdomTree Emerging Markets High Dividend Fund during the second quarter worth $157,000. Institutional investors and hedge funds own 58.33% of the company’s stock.

WisdomTree Emerging Markets High Dividend Fund Company Profile

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.