WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 52-Week High – What’s Next?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $90.04 and last traded at $89.8790, with a volume of 17362 shares changing hands. The stock had previously closed at $89.90.

WisdomTree U.S. LargeCap Dividend Fund Stock Down 0.3%

The stock has a fifty day simple moving average of $87.91 and a 200 day simple moving average of $86.12. The firm has a market capitalization of $5.69 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 added to or reduced their stakes in DLN. Thoroughbred Financial Services LLC lifted its holdings in shares of 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 buying an additional 131 shares in the last quarter. Cresset Asset Management LLC lifted its stake in WisdomTree U.S. LargeCap Dividend Fund by 0.3% in the 2nd quarter. Cresset Asset Management LLC now owns 45,802 shares of the company’s stock worth $3,762,000 after purchasing an additional 138 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.6% during the 3rd quarter. Valmark Advisers Inc. now owns 5,688 shares of the company’s stock valued at $495,000 after purchasing an additional 142 shares during the last quarter. Kingswood Wealth Advisors LLC grew its position in shares of 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 in the last quarter. Finally, Tranquility Partners LLC increased its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.9% in the second quarter. Tranquility Partners LLC now owns 16,445 shares of the company’s stock worth $1,351,000 after purchasing an additional 151 shares during the last quarter.

About WisdomTree U.S. LargeCap Dividend Fund

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. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.