WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Hits New 1-Year High – Still a Buy?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) reached a new 52-week high on Thursday . The stock traded as high as $96.30 and last traded at $96.21, with a volume of 4520 shares trading hands. The stock had previously closed at $96.15.

WisdomTree U.S. High Dividend Fund Stock Down 0.1 %

The firm has a market cap of $1.21 billion, a P/E ratio of 10.92 and a beta of 0.67. The business has a fifty day simple moving average of $92.62 and a 200-day simple moving average of $88.07.

Hedge Funds Weigh In On WisdomTree U.S. High Dividend Fund

A number of institutional investors and hedge funds have recently made changes to their positions in DHS. Larson Financial Group LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund during the second quarter valued at $32,000. Hantz Financial Services Inc. purchased a new position in WisdomTree U.S. High Dividend Fund in the second quarter worth about $35,000. Rothschild Investment LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund in the second quarter worth approximately $35,000. Opal Wealth Advisors LLC bought a new stake in shares of WisdomTree U.S. High Dividend Fund during the first quarter valued at approximately $39,000. Finally, Key Financial Inc purchased a new position in WisdomTree U.S. High Dividend Fund in the 2nd quarter worth approximately $40,000.

WisdomTree U.S. High Dividend Fund Company Profile

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.