WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Unusually-High Trading Volume – Still a Buy?

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw strong trading volume on Tuesday . 193,150 shares traded hands during mid-day trading, an increase of 52% from the previous session’s volume of 127,012 shares.The stock last traded at $78.79 and had previously closed at $78.39.

WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.8 %

The company has a 50 day simple moving average of $80.12 and a 200-day simple moving average of $77.01. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 18.38 and a beta of 0.77.

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

Institutional investors have recently modified their holdings of the company. LPL Financial LLC boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 1.8% during the 2nd quarter. LPL Financial LLC now owns 2,922,155 shares of the company’s stock valued at $212,587,000 after purchasing an additional 52,769 shares in the last quarter. Great Valley Advisor Group Inc. grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 12.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 888,083 shares of the company’s stock worth $69,768,000 after purchasing an additional 101,557 shares during the last quarter. Waterway Wealth Management LLC raised its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.1% in the 3rd quarter. Waterway Wealth Management LLC now owns 526,171 shares of the company’s stock worth $41,333,000 after purchasing an additional 10,608 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 8.4% during the 2nd quarter. Cetera Investment Advisers now owns 508,475 shares of the company’s stock valued at $36,992,000 after acquiring an additional 39,486 shares during the last quarter. Finally, IAG Wealth Partners LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.2% in the 3rd quarter. IAG Wealth Partners LLC now owns 418,365 shares of the company’s stock worth $32,867,000 after acquiring an additional 8,950 shares during the last quarter.

About WisdomTree U.S. LargeCap Dividend Fund

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market.