WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Reaches New 12-Month High – Here’s What Happened

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $38.98 and last traded at $38.8650, with a volume of 104280 shares traded. The stock had previously closed at $38.69.

WisdomTree U.S. SmallCap Dividend Fund Price Performance

The stock’s 50-day moving average is $36.91 and its 200-day moving average is $35.38. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 13.64 and a beta of 0.92.

Institutional Trading of WisdomTree U.S. SmallCap Dividend Fund

A number of hedge funds have recently bought and sold shares of DES. Bank of America Corp DE boosted its position in WisdomTree U.S. SmallCap Dividend Fund by 21.3% during the second quarter. Bank of America Corp DE now owns 2,299,893 shares of the company’s stock worth $73,045,000 after acquiring an additional 404,368 shares during the last quarter. Corient Private Wealth LLC boosted its position in WisdomTree U.S. SmallCap Dividend Fund by 110.6% during the second quarter. Corient Private Wealth LLC now owns 714,782 shares of the company’s stock worth $22,701,000 after acquiring an additional 375,454 shares during the last quarter. Allen Investment Management LLC acquired a new stake in WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter worth approximately $9,817,000. Mercer Global Advisors Inc. ADV boosted its position in WisdomTree U.S. SmallCap Dividend Fund by 43.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 845,624 shares of the company’s stock worth $28,481,000 after acquiring an additional 255,451 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in WisdomTree U.S. SmallCap Dividend Fund by 22.2% during the fourth quarter. Wells Fargo & Company MN now owns 729,432 shares of the company’s stock worth $24,400,000 after acquiring an additional 132,655 shares during the last quarter.

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.