WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Reaches New 52-Week High – Time to Buy?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $52.34 and last traded at $52.32, with a volume of 236056 shares. The stock had previously closed at $51.88.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The business’s fifty day moving average price is $49.02 and its two-hundred day moving average price is $47.26. The stock has a market capitalization of $3.68 billion, a PE ratio of 9.40 and a beta of 0.62.

WisdomTree Emerging Markets High Dividend Fund Announces Dividend

The company also recently declared a special dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were paid 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 institutional investors and hedge funds have recently modified their holdings of the company. Jones Financial Companies Lllp boosted its position in WisdomTree Emerging Markets High Dividend Fund by 122.6% in the first quarter. Jones Financial Companies Lllp now owns 19,346 shares of the company’s stock valued at $814,000 after buying an additional 10,656 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in WisdomTree Emerging Markets High Dividend Fund by 29.0% during the 2nd quarter. Wealthfront Advisers LLC now owns 25,881 shares of the company’s stock valued at $1,172,000 after acquiring an additional 5,811 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 5.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,571,638 shares of the company’s stock valued at $71,174,000 after acquiring an additional 80,649 shares during the last quarter. World Investment Advisors increased its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 6.4% in the second quarter. World Investment Advisors now owns 10,475 shares of the company’s stock worth $474,000 after acquiring an additional 628 shares during the period. Finally, Arkadios Wealth Advisors increased its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 86.0% in the second quarter. Arkadios Wealth Advisors now owns 10,486 shares of the company’s stock worth $475,000 after acquiring an additional 4,849 shares during the period. 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. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.