WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $51.37 and traded as high as $52.56. WisdomTree U.S. MidCap Dividend Fund shares last traded at $52.42, with a volume of 215,380 shares trading hands.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

The company has a market cap of $3.77 billion, a P/E ratio of 15.04 and a beta of 0.94. The firm has a 50 day moving average price of $51.37 and a two-hundred day moving average price of $51.35.

Hedge Funds Weigh In On WisdomTree U.S. MidCap Dividend Fund

Several large investors have recently modified their holdings of DON. Caldwell Trust Co purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 2nd quarter valued at approximately $33,000. Bessemer Group Inc. bought a new stake in WisdomTree U.S. MidCap Dividend Fund during the 3rd quarter valued at $41,000. Oliver Lagore Vanvalin Investment Group bought a new stake in WisdomTree U.S. MidCap Dividend Fund during the 2nd quarter valued at $42,000. Ameritas Advisory Services LLC lifted its position in shares of WisdomTree U.S. MidCap Dividend Fund by 153.2% during the third quarter. Ameritas Advisory Services LLC now owns 975 shares of the company’s stock worth $51,000 after acquiring an additional 590 shares in the last quarter. Finally, Total Investment Management Inc. purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the second quarter worth $50,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

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.