WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 1-Year High – Here’s Why

by · The Cerbat Gem

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $98.38 and last traded at $98.3630, with a volume of 4857 shares changing hands. The stock had previously closed at $97.98.

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

The firm has a market capitalization of $6.24 billion, a PE ratio of 20.27 and a beta of 0.76. The company has a 50-day moving average of $96.18 and a 200 day moving average of $92.93.

Institutional Investors Weigh In On WisdomTree U.S. LargeCap Dividend Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. G&S Capital LLC purchased a new position in WisdomTree U.S. LargeCap Dividend Fund in the 2nd quarter worth approximately $1,568,000. SMI Advisory Services LLC lifted its stake in WisdomTree U.S. LargeCap Dividend Fund by 307.7% during the second quarter. SMI Advisory Services LLC now owns 13,571 shares of the company’s stock worth $1,321,000 after purchasing an additional 10,242 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.9% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,178 shares of the company’s stock worth $595,000 after purchasing an additional 113 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.4% during the 2nd quarter. Revolve Wealth Partners LLC now owns 198,080 shares of the company’s stock valued at $19,079,000 after purchasing an additional 792 shares during the last quarter. Finally, NerdWallet Wealth Partners LLC raised its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 12.3% during the 2nd quarter. NerdWallet Wealth Partners LLC now owns 263,948 shares of the company’s stock valued at $25,419,000 after buying an additional 28,902 shares in the last quarter.

About WisdomTree U.S. LargeCap Dividend Fund

(Get Free Report)

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. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.

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