WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Shares Up 0.1% – Still a Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) was up 0.1% during trading on Monday . The company traded as high as $93.60 and last traded at $93.31. Approximately 118,500 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 194,245 shares. The stock had previously closed at $93.26.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The firm has a market capitalization of $5.85 billion, a P/E ratio of 20.27 and a beta of 0.82. The firm has a 50 day simple moving average of $91.11 and a two-hundred day simple moving average of $88.27.

WisdomTree U.S. LargeCap Dividend Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 24th were issued a dividend of $0.115 per share. This represents a c) annualized dividend and a yield of 1.5%. This is a boost from WisdomTree U.S. LargeCap Dividend Fund’s previous monthly dividend of $0.06. The ex-dividend date was Tuesday, February 24th.

Institutional Investors Weigh In On WisdomTree U.S. LargeCap Dividend Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dana Investment Advisors Inc. boosted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.7% in the 4th quarter. Dana Investment Advisors Inc. now owns 2,450 shares of the company’s stock worth $216,000 after buying an additional 111 shares during the last quarter. Merit Financial Group LLC increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.3% during the fourth quarter. Merit Financial Group LLC now owns 9,710 shares of the company’s stock valued at $855,000 after acquiring an additional 123 shares during the last quarter. Thoroughbred Financial Services LLC lifted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 1.5% during the third quarter. Thoroughbred Financial Services LLC now owns 8,888 shares of the company’s stock worth $773,000 after acquiring an additional 131 shares during the period. Cresset Asset Management LLC boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 0.3% in the second 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 during the last quarter. Finally, Valmark Advisers Inc. boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 2.6% in the third quarter. Valmark Advisers Inc. now owns 5,688 shares of the company’s stock worth $495,000 after purchasing an additional 142 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. 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.