WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Large Volume Increase – Here’s What Happened

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) shares saw unusually-high trading volume on Friday. 45,035 shares changed hands during trading, an increase of 35% from the previous session’s volume of 33,317 shares. The stock last traded at $117.45 and had previously closed at $118.46.

WisdomTree U.S. High Dividend Fund Stock Down 0.6%

The stock has a fifty day moving average of $116.18 and a 200-day moving average of $114.25. The stock has a market cap of $1.63 billion, a PE ratio of 15.51 and a beta of 0.58.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Western Wealth Management LLC lifted its position in WisdomTree U.S. High Dividend Fund by 3.1% during the 1st quarter. Western Wealth Management LLC now owns 3,871 shares of the company’s stock worth $423,000 after acquiring an additional 118 shares in the last quarter. Key Financial Inc raised its holdings in shares of WisdomTree U.S. High Dividend Fund by 26.4% during 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 period. Nations Financial Group Inc. IA ADV lifted its holdings in WisdomTree U.S. High Dividend Fund by 5.5% in the first quarter. Nations Financial Group Inc. IA ADV now owns 2,888 shares of the company’s stock worth $315,000 after acquiring an additional 150 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of WisdomTree U.S. High Dividend Fund by 1.6% during the 3rd quarter. SBI Securities Co. Ltd. now owns 9,330 shares of the company’s stock worth $1,045,000 after purchasing an additional 150 shares during the period. Finally, Evolution Wealth Management Inc. lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 6.1% in the 1st quarter. Evolution Wealth Management Inc. now owns 3,835 shares of the company’s stock worth $419,000 after purchasing an additional 221 shares during the last quarter.

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.