WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Shares Pass Above 50-Day Moving Average – Here’s Why
by Renee Jackson · The Cerbat GemShares of WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $54.04 and traded as high as $55.56. WisdomTree U.S. MidCap Dividend Fund shares last traded at $55.51, with a volume of 94,249 shares trading hands.
WisdomTree U.S. MidCap Dividend Fund Stock Up 0.5%
The firm has a market capitalization of $3.91 billion, a P/E ratio of 15.04 and a beta of 0.89. The firm has a 50 day moving average of $54.04 and a 200-day moving average of $52.86.
Institutional Investors Weigh In On WisdomTree U.S. MidCap Dividend Fund
Several institutional investors have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 22.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,053 shares of the company’s stock valued at $54,000 after buying an additional 196 shares during the period. Western Wealth Management LLC boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 2.2% in the fourth quarter. Western Wealth Management LLC now owns 9,434 shares of the company’s stock valued at $487,000 after buying an additional 203 shares during the period. Brady Martz Wealth Solutions LLC boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 0.4% in the third quarter. Brady Martz Wealth Solutions LLC now owns 55,089 shares of the company’s stock valued at $2,881,000 after buying an additional 204 shares during the period. Focus Financial Network Inc. boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 1.3% in the third quarter. Focus Financial Network Inc. now owns 17,769 shares of the company’s stock valued at $929,000 after buying an additional 221 shares during the period. Finally, Russell Investments Group Ltd. raised its position in WisdomTree U.S. MidCap Dividend Fund by 53.7% during the fourth quarter. Russell Investments Group Ltd. now owns 667 shares of the company’s stock valued at $34,000 after purchasing an additional 233 shares in the last quarter.
WisdomTree U.S. MidCap Dividend Fund Company Profile
WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.