WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 52-Week High – Still a Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) reached a new 52-week high on Thursday . The company traded as high as $88.51 and last traded at $88.47, with a volume of 17123 shares traded. The stock had previously closed at $88.32.

WisdomTree U.S. LargeCap Dividend Fund Trading Up 0.0%

The firm has a 50 day moving average of $86.93 and a 200-day moving average of $84.40. The company has a market cap of $5.54 billion, a P/E ratio of 20.27 and a beta of 0.82.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Cresset Asset Management LLC boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 0.3% during the first quarter. Cresset Asset Management LLC now owns 45,664 shares of the company’s stock valued at $3,624,000 after buying an additional 127 shares during the last quarter. Thoroughbred Financial Services LLC increased its position in WisdomTree U.S. LargeCap Dividend Fund by 1.5% in the third quarter. Thoroughbred Financial Services LLC now owns 8,888 shares of the company’s stock worth $773,000 after purchasing an additional 131 shares during the last quarter. GM Advisory Group LLC raised its stake in WisdomTree U.S. LargeCap Dividend Fund by 2.4% during the first quarter. GM Advisory Group LLC now owns 5,950 shares of the company’s stock valued at $472,000 after purchasing an additional 140 shares in the last quarter. Valmark Advisers Inc. raised its stake in WisdomTree U.S. LargeCap Dividend Fund by 2.6% during the third quarter. Valmark Advisers Inc. now owns 5,688 shares of the company’s stock valued at $495,000 after purchasing an additional 142 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its position in WisdomTree U.S. LargeCap Dividend Fund by 0.3% during the second quarter. Kingswood Wealth Advisors LLC now owns 53,763 shares of the company’s stock valued at $4,416,000 after purchasing an additional 149 shares during the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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.