WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Reaches New 12-Month High – What’s Next?

by · The Markets Daily

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $102.44 and last traded at $101.79, with a volume of 25794 shares trading hands. The stock had previously closed at $102.30.

WisdomTree U.S. High Dividend Fund Trading Up 0.8%

The business has a 50 day moving average of $100.22 and a two-hundred day moving average of $98.65. The firm has a market cap of $1.30 billion, a P/E ratio of 15.51 and a beta of 0.70.

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

Institutional investors have recently made changes to their positions in the company. Stonebridge Wealth Management LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund during the second quarter worth approximately $9,451,000. 1 North Wealth Services LLC bought a new position in WisdomTree U.S. High Dividend Fund during the 2nd quarter worth $9,152,000. Ameriprise Financial Inc. lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 57.0% during the second quarter. Ameriprise Financial Inc. now owns 131,632 shares of the company’s stock worth $12,383,000 after buying an additional 47,791 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 240.9% during the second quarter. Orion Porfolio Solutions LLC now owns 64,246 shares of the company’s stock worth $6,166,000 after buying an additional 45,400 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of WisdomTree U.S. High Dividend Fund by 9.6% in the second quarter. Bank of America Corp DE now owns 405,319 shares of the company’s stock valued at $38,902,000 after acquiring an additional 35,395 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