WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sets New 12-Month Low – Should You Sell?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $37.95 and last traded at $37.96, with a volume of 36923 shares trading hands. The stock had previously closed at $39.64.

WisdomTree Emerging Markets High Dividend Fund Trading Down 3.8 %

The company has a 50 day moving average price of $42.00 and a 200 day moving average price of $42.04. The company has a market capitalization of $2.54 billion, a P/E ratio of 9.14 and a beta of 0.66.

WisdomTree Emerging Markets High Dividend Fund Announces Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were paid a $0.42 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several hedge funds have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new stake in WisdomTree Emerging Markets High Dividend Fund in the 3rd quarter valued at about $26,000. Synergy Investment Management LLC acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the fourth quarter valued at approximately $31,000. Noble Wealth Management PBC acquired a new stake in WisdomTree Emerging Markets High Dividend Fund during the fourth quarter worth approximately $32,000. Human Investing LLC bought a new position in WisdomTree Emerging Markets High Dividend Fund during the 4th quarter worth $48,000. Finally, Whipplewood Advisors LLC acquired a new position in WisdomTree Emerging Markets High Dividend Fund in the 4th quarter valued at $63,000. 58.33% of the stock is currently owned by institutional investors and hedge funds.

WisdomTree Emerging Markets High Dividend Fund Company Profile

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index.