WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Stock Price Down 0.3% – Here’s What Happened

by · The Markets Daily

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS – Get Free Report) shares were down 0.3% during trading on Thursday . The company traded as low as $92.19 and last traded at $92.89. Approximately 19,408 shares changed hands during trading, a decline of 42% from the average daily volume of 33,642 shares. The stock had previously closed at $93.14.

WisdomTree U.S. High Dividend Fund Price Performance

The stock has a fifty day moving average of $96.38 and a 200 day moving average of $92.87. The firm has a market capitalization of $1.15 billion, a P/E ratio of 10.92 and a beta of 0.67.

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

A number of hedge funds have recently made changes to their positions in DHS. Envestnet Asset Management Inc. grew its position in WisdomTree U.S. High Dividend Fund by 18.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,819 shares of the company’s stock valued at $8,444,000 after buying an additional 15,198 shares during the period. Good Life Advisors LLC grew its position in shares of WisdomTree U.S. High Dividend Fund by 1.5% during the 3rd quarter. Good Life Advisors LLC now owns 48,614 shares of the company’s stock valued at $4,560,000 after acquiring an additional 721 shares during the period. Great Valley Advisor Group Inc. increased its stake in shares of WisdomTree U.S. High Dividend Fund by 143.5% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 41,723 shares of the company’s stock worth $3,913,000 after purchasing an additional 24,587 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of WisdomTree U.S. High Dividend Fund by 3.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 39,446 shares of the company’s stock worth $3,700,000 after purchasing an additional 1,323 shares during the last quarter. Finally, Captrust Financial Advisors raised its holdings in shares of WisdomTree U.S. High Dividend Fund by 0.9% in the 3rd quarter. Captrust Financial Advisors now owns 37,687 shares of the company’s stock worth $3,535,000 after purchasing an additional 319 shares during the period.

About WisdomTree U.S. High Dividend Fund

(Get Free Report)

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.

Read More