WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Reaches New 1-Year High – What’s Next?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) hit a new 52-week high on Monday . The stock traded as high as $38.42 and last traded at $37.55, with a volume of 101 shares traded. The stock had previously closed at $37.69.

WisdomTree U.S. SmallCap Dividend Fund Trading Down 2.4%

The firm has a 50 day moving average price of $35.50 and a 200-day moving average price of $34.16. The firm has a market capitalization of $2.00 billion, a P/E ratio of 13.64 and a beta of 0.99.

WisdomTree U.S. SmallCap Dividend Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were issued a dividend of $0.0086 per share. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, January 27th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV raised its stake in WisdomTree U.S. SmallCap Dividend Fund by 8.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 915,516 shares of the company’s stock worth $30,624,000 after buying an additional 69,892 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter valued at about $481,000. NewEdge Advisors LLC lifted its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 3.7% during the fourth quarter. NewEdge Advisors LLC now owns 38,328 shares of the company’s stock worth $1,282,000 after buying an additional 1,383 shares during the period. Cahill Financial Advisors Inc. grew its stake in WisdomTree U.S. SmallCap Dividend Fund by 5.6% during the 4th quarter. Cahill Financial Advisors Inc. now owns 57,995 shares of the company’s stock valued at $1,940,000 after purchasing an additional 3,083 shares during the last quarter. Finally, VestGen Advisors LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter worth approximately $300,000.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

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.