WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Sees Strong Trading Volume – Should You Buy?

Shares of WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) saw unusually-strong trading volume on Thursday . 498,368 shares were traded during mid-day trading, an increase of 274% from the previous session’s volume of 133,368 shares.The stock last traded at $41.5010 and had previously closed at $41.27.

WisdomTree U.S. SmallCap Dividend Fund Trading Up 0.6%

The company has a market capitalization of $2.24 billion, a PE ratio of 13.64 and a beta of 0.90. The firm has a fifty day moving average of $40.43 and a two-hundred day moving average of $38.34.

Institutional Trading of WisdomTree U.S. SmallCap Dividend Fund

A number of institutional investors have recently made changes to their positions in DES. Morgan Stanley grew its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 2.7% in the fourth quarter. Morgan Stanley now owns 2,701,031 shares of the company’s stock worth $90,350,000 after purchasing an additional 71,782 shares during the last quarter. Bank of America Corp DE boosted its position in WisdomTree U.S. SmallCap Dividend Fund by 0.7% during the 1st quarter. Bank of America Corp DE now owns 2,457,823 shares of the company’s stock valued at $88,334,000 after buying an additional 17,417 shares during the period. M&T Bank Corp grew its holdings in WisdomTree U.S. SmallCap Dividend Fund by 1.0% in the 4th quarter. M&T Bank Corp now owns 1,095,512 shares of the company’s stock worth $37,148,000 after acquiring an additional 10,475 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in WisdomTree U.S. SmallCap Dividend Fund by 8.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 915,516 shares of the company’s stock worth $30,624,000 after acquiring an additional 69,892 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 22.2% in the fourth quarter. Wells Fargo & Company MN now owns 729,432 shares of the company’s stock valued at $24,400,000 after acquiring an additional 132,655 shares during the period.

About WisdomTree U.S. SmallCap Dividend Fund

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.