WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Reaches New 1-Year High – Here’s Why

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DONGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $57.07 and last traded at $57.02, with a volume of 12744 shares. The stock had previously closed at $56.65.

WisdomTree U.S. MidCap Dividend Fund Price Performance

The firm’s 50-day simple moving average is $54.85 and its two-hundred day simple moving average is $53.92. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 15.04 and a beta of 0.85.

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

A number of hedge funds and other institutional investors have recently modified their holdings of DON. Bayban acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter valued at approximately $25,000. International Assets Investment Management LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter valued at approximately $27,000. LRI Investments LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter valued at approximately $31,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter valued at approximately $31,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter valued at approximately $32,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

(Get Free Report)

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.

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