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

Posted by Teresa Graham on Nov 6th, 2024

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $80.72 and last traded at $80.65, with a volume of 9749 shares traded. The stock had previously closed at $78.91.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The stock has a market capitalization of $4.49 billion, a PE ratio of 18.38 and a beta of 0.77. The company has a 50 day moving average of $78.17 and a two-hundred day moving average of $74.72.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

Several institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers lifted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 1,198.7% during the 1st quarter. Cetera Investment Advisers now owns 468,989 shares of the company’s stock worth $33,856,000 after buying an additional 432,877 shares during the last quarter. LRI Investments LLC purchased a new position in WisdomTree U.S. LargeCap Dividend Fund in the 1st quarter valued at $24,500,000. MAI Capital Management increased its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 3,927.2% during the first quarter. MAI Capital Management now owns 267,086 shares of the company’s stock worth $19,281,000 after acquiring an additional 260,454 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the second quarter valued at approximately $11,344,000. Finally, Advisors Preferred LLC increased its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 232.8% in the 1st quarter. Advisors Preferred LLC now owns 202,974 shares of the company’s stock valued at $14,567,000 after purchasing an additional 141,983 shares in the last quarter.

About WisdomTree U.S. LargeCap Dividend Fund

(Get Free Report)

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.