WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Stock Price Up 0.5% – Still a Buy?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) rose 0.5% during mid-day trading on Monday . The company traded as high as $44.83 and last traded at $44.77. Approximately 120,975 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 282,899 shares. The stock had previously closed at $44.55.

WisdomTree Emerging Markets High Dividend Fund Stock Up 0.5%

The stock’s 50-day simple moving average is $42.29 and its 200 day simple moving average is $41.81. The firm has a market cap of $2.98 billion, a P/E ratio of 9.15 and a beta of 0.67.

WisdomTree Emerging Markets High Dividend Fund Announces Dividend

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

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

Several hedge funds have recently bought and sold shares of the business. Modern Wealth Management LLC grew its position in WisdomTree Emerging Markets High Dividend Fund by 24.3% in the 1st quarter. Modern Wealth Management LLC now owns 6,842 shares of the company’s stock worth $288,000 after purchasing an additional 1,338 shares in the last quarter. Anderson Financial Strategies LLC purchased a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the 1st quarter worth approximately $46,000. Focus Partners Wealth grew its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 2.2% in the first quarter. Focus Partners Wealth now owns 116,573 shares of the company’s stock valued at $4,905,000 after acquiring an additional 2,479 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of WisdomTree Emerging Markets High Dividend Fund by 8.1% during the first quarter. Signature Estate & Investment Advisors LLC now owns 380,271 shares of the company’s stock valued at $16,002,000 after acquiring an additional 28,490 shares during the last quarter. Finally, Kestra Investment Management LLC increased its position in shares of WisdomTree Emerging Markets High Dividend Fund by 96.3% during the first quarter. Kestra Investment Management LLC now owns 2,117,604 shares of the company’s stock valued at $89,109,000 after acquiring an additional 1,038,639 shares during the last quarter. Institutional investors and hedge funds own 58.33% of the company’s stock.

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.