WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Unusually-High Trading Volume – Still a Buy?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) shares saw unusually-strong trading volume on Monday . Approximately 52,829 shares changed hands during mid-day trading, an increase of 76% from the previous session’s volume of 30,053 shares.The stock last traded at $95.85 and had previously closed at $96.02.

WisdomTree U.S. High Dividend Fund Stock Performance

The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67. The business’s fifty day simple moving average is $95.56 and its 200 day simple moving average is $93.98.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. J.W. Cole Advisors Inc. boosted its stake in WisdomTree U.S. High Dividend Fund by 4.0% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 8,023 shares of the company’s stock valued at $753,000 after purchasing an additional 312 shares during the period. Pathway Financial Advisers LLC acquired a new position in WisdomTree U.S. High Dividend Fund during the 3rd quarter valued at about $38,000. FFG Retirement Advisors LLC boosted its stake in WisdomTree U.S. High Dividend Fund by 7.2% during the 3rd quarter. FFG Retirement Advisors LLC now owns 37,649 shares of the company’s stock valued at $3,531,000 after purchasing an additional 2,528 shares during the period. CENTRAL TRUST Co boosted its stake in WisdomTree U.S. High Dividend Fund by 23.9% during the 3rd quarter. CENTRAL TRUST Co now owns 7,052 shares of the company’s stock valued at $662,000 after purchasing an additional 1,359 shares during the period. Finally, Global Retirement Partners LLC boosted its stake in WisdomTree U.S. High Dividend Fund by 4.5% during the 3rd quarter. Global Retirement Partners LLC now owns 14,320 shares of the company’s stock valued at $1,343,000 after purchasing an additional 613 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.