WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Trading Down 2.5% – What’s Next?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS)’s stock price traded down 2.5% during mid-day trading on Wednesday . The company traded as low as $93.12 and last traded at $93.13. 30,647 shares were traded during trading, a decline of 20% from the average session volume of 38,345 shares. The stock had previously closed at $95.49.

WisdomTree U.S. High Dividend Fund Stock Performance

The stock has a market cap of $1.18 billion, a P/E ratio of 10.92 and a beta of 0.67. The stock’s fifty day simple moving average is $96.96 and its 200-day simple moving average is $91.90.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Several large investors have recently modified their holdings of DHS. NewEdge Advisors LLC bought a new position in WisdomTree U.S. High Dividend Fund during the 2nd quarter valued at $2,159,000. Great Valley Advisor Group Inc. raised its position in shares of WisdomTree U.S. High Dividend Fund by 143.5% in the third quarter. Great Valley Advisor Group Inc. now owns 41,723 shares of the company’s stock valued at $3,913,000 after purchasing an additional 24,587 shares during the period. Private Advisor Group LLC boosted its holdings in shares of WisdomTree U.S. High Dividend Fund by 83.4% in the second quarter. Private Advisor Group LLC now owns 48,275 shares of the company’s stock worth $4,084,000 after acquiring an additional 21,958 shares during the period. World Investment Advisors LLC purchased a new stake in WisdomTree U.S. High Dividend Fund during the 3rd quarter worth about $1,530,000. Finally, Envestnet Asset Management Inc. boosted its stake in WisdomTree U.S. High Dividend Fund by 18.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 99,819 shares of the company’s stock worth $8,444,000 after purchasing an additional 15,198 shares during the period.

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.