WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Reaches New 1-Year High – What’s Next?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $47.92 and last traded at $47.89, with a volume of 23838 shares trading hands. The stock had previously closed at $47.68.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The company has a market capitalization of $3.38 billion, a P/E ratio of 9.40 and a beta of 0.62. The company has a 50 day moving average of $46.84 and a 200-day moving average of $46.34.

WisdomTree Emerging Markets High Dividend Fund Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were given a $0.072 dividend. The ex-dividend date was Wednesday, December 31st.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its stake in WisdomTree Emerging Markets High Dividend Fund by 2.2% in the third quarter. Bank of America Corp DE now owns 5,704,351 shares of the company’s stock worth $262,343,000 after purchasing an additional 123,553 shares during the period. Ameriprise Financial Inc. increased its holdings in WisdomTree Emerging Markets High Dividend Fund by 4.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,418,443 shares of the company’s stock worth $111,199,000 after buying an additional 95,924 shares in the last quarter. UBS Group AG raised its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 1.1% during the third quarter. UBS Group AG now owns 1,899,378 shares of the company’s stock valued at $87,352,000 after purchasing an additional 20,170 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in WisdomTree Emerging Markets High Dividend Fund by 5.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,571,638 shares of the company’s stock valued at $71,174,000 after buying an additional 80,649 shares during the last quarter. Finally, Kestra Investment Management LLC increased its position in WisdomTree Emerging Markets High Dividend Fund by 2.5% during the third quarter. Kestra Investment Management LLC now owns 1,184,479 shares of the company’s stock valued at $54,474,000 after acquiring an additional 28,565 shares during the last quarter. Hedge funds and other institutional investors 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.