WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Reaches New 12-Month High – Time to Buy?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $116.34 and last traded at $115.64, with a volume of 24230 shares trading hands. The stock had previously closed at $115.02.

WisdomTree U.S. High Dividend Fund Price Performance

The firm’s 50 day moving average price is $112.33 and its 200 day moving average price is $109.62. The stock has a market capitalization of $1.53 billion, a P/E ratio of 15.51 and a beta of 0.59.

Institutional Investors Weigh In On WisdomTree U.S. High Dividend Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Park National Corp OH purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the 1st quarter worth approximately $28,000. Versant Capital Management Inc purchased a new stake in WisdomTree U.S. High Dividend Fund in the second quarter worth approximately $43,000. Private Trust Co. NA boosted its stake in shares of WisdomTree U.S. High Dividend Fund by 35.2% in the 4th quarter. Private Trust Co. NA now owns 384 shares of the company’s stock worth $39,000 after buying an additional 100 shares during the last quarter. Key Financial Inc boosted its position in WisdomTree U.S. High Dividend Fund by 26.4% in the first quarter. Key Financial Inc now owns 594 shares of the company’s stock worth $65,000 after purchasing an additional 124 shares during the last quarter. Finally, Triumph Capital Management bought a new stake in WisdomTree U.S. High Dividend Fund during the third quarter valued at approximately $71,000.

WisdomTree U.S. High Dividend Fund Company Profile

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.