WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Reaches New 52-Week High – Here’s What Happened

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $81.43 and last traded at $81.42, with a volume of 7439 shares trading hands. The stock had previously closed at $80.87.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

The business’s 50-day simple moving average is $79.14 and its two-hundred day simple moving average is $75.56. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of 18.38 and a beta of 0.77.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the first quarter valued at about $25,000. Ridgewood Investments LLC bought a new stake in WisdomTree U.S. LargeCap Dividend Fund during the 2nd quarter worth approximately $40,000. Eagle Bay Advisors LLC acquired a new position in WisdomTree U.S. LargeCap Dividend Fund in the 3rd quarter valued at approximately $46,000. Coastline Trust Co bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the third quarter valued at $47,000. Finally, GAMMA Investing LLC lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 100.0% during the third quarter. GAMMA Investing LLC now owns 944 shares of the company’s stock worth $74,000 after purchasing an additional 472 shares during the period.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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.