WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Hits New 1-Year High – Time to Buy?

Shares of WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) reached a new 52-week high on Monday . The company traded as high as $50.79 and last traded at $50.7750, with a volume of 34231 shares. The stock had previously closed at $50.46.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The stock has a market capitalization of $3.57 billion, a P/E ratio of 9.40 and a beta of 0.62. The stock’s 50-day simple moving average is $47.81 and its 200 day simple moving average is $46.75.

WisdomTree Emerging Markets High Dividend Fund Announces Dividend

The company also recently disclosed a special dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.072 per share. The ex-dividend date was Wednesday, December 31st.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Capital Investment Advisory Services LLC grew its position in shares of WisdomTree Emerging Markets High Dividend Fund by 173.5% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 547 shares of the company’s stock worth $25,000 after purchasing an additional 347 shares in the last quarter. Creekmur Asset Management LLC increased its stake in WisdomTree Emerging Markets High Dividend Fund by 172.3% during the 2nd quarter. Creekmur Asset Management LLC now owns 580 shares of the company’s stock worth $26,000 after acquiring an additional 367 shares during the period. Advantage Trust Co acquired a new position in WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter valued at $27,000. Trust Co. of Vermont acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund during the 3rd quarter worth $29,000. Finally, Hantz Financial Services Inc. increased its position in shares of WisdomTree Emerging Markets High Dividend Fund by 172.6% in the fourth quarter. Hantz Financial Services Inc. now owns 646 shares of the company’s stock worth $30,000 after purchasing an additional 409 shares during the period. Institutional investors and hedge funds own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

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. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.