WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Reaches New 1-Year High – Here’s Why

Shares of WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $57.07 and last traded at $57.02, with a volume of 12744 shares changing hands. The stock had previously closed at $56.65.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

The stock’s 50-day moving average price is $54.85 and its 200-day moving average price is $53.92. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 15.04 and a beta of 0.85.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

Several large investors have recently modified their holdings of DON. Huntington National Bank boosted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 0.3% in the 3rd quarter. Huntington National Bank now owns 341,751 shares of the company’s stock valued at $17,874,000 after purchasing an additional 1,167 shares during the last quarter. IAG Wealth Partners LLC boosted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 3.1% in the 3rd quarter. IAG Wealth Partners LLC now owns 485,330 shares of the company’s stock valued at $25,383,000 after purchasing an additional 14,670 shares during the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 24.7% in the 3rd quarter. Koshinski Asset Management Inc. now owns 7,958 shares of the company’s stock valued at $416,000 after purchasing an additional 1,578 shares during the last quarter. Avant Capital LLC boosted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 7.6% in the 3rd quarter. Avant Capital LLC now owns 4,563 shares of the company’s stock valued at $239,000 after purchasing an additional 324 shares during the last quarter. Finally, Bosun Asset Management LLC acquired a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the 3rd quarter valued at $204,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.