WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sets New 52-Week High – What’s Next?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $101.06 and last traded at $100.96, with a volume of 4608 shares changing hands. The stock had previously closed at $100.48.

WisdomTree U.S. High Dividend Fund Stock Up 0.4 %

The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67. The stock’s fifty day moving average is $95.58 and its 200-day moving average is $90.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC acquired a new position in WisdomTree U.S. High Dividend Fund during the second quarter worth $32,000. Hantz Financial Services Inc. bought a new position in shares of WisdomTree U.S. High Dividend Fund in the second quarter valued at about $35,000. Rothschild Investment LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund in the second quarter valued at about $35,000. Pathway Financial Advisers LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund in the third quarter valued at about $38,000. Finally, Key Financial Inc bought a new position in shares of WisdomTree U.S. High Dividend Fund in the second quarter valued at about $40,000.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index.