WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Strong Trading Volume – Here’s What Happened

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw strong trading volume on Wednesday . 32,639 shares changed hands during trading, an increase of 4% from the previous session’s volume of 31,377 shares.The stock last traded at $116.7080 and had previously closed at $116.27.

WisdomTree U.S. High Dividend Fund Stock Performance

The firm has a market cap of $1.55 billion, a P/E ratio of 15.51 and a beta of 0.59. The stock’s 50-day moving average is $113.27 and its 200 day moving average is $110.52.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Wick Capital Partners LLC increased its holdings in shares of WisdomTree U.S. High Dividend Fund by 38,040.1% in the fourth quarter. Wick Capital Partners LLC now owns 1,026,351 shares of the company’s stock valued at $104,503,000 after purchasing an additional 1,023,660 shares during the last quarter. Bank of America Corp DE raised its holdings in WisdomTree U.S. High Dividend Fund by 3.3% in the 1st quarter. Bank of America Corp DE now owns 457,448 shares of the company’s stock valued at $49,963,000 after buying an additional 14,519 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of WisdomTree U.S. High Dividend Fund by 2.6% in the first quarter. Cetera Investment Advisers now owns 412,451 shares of the company’s stock worth $45,048,000 after purchasing an additional 10,290 shares during the last quarter. Value Investment Professionals LLC bought a new position in WisdomTree U.S. High Dividend Fund during the 1st quarter worth approximately $29,120,000. Finally, Kestra Advisory Services LLC lifted its stake in shares of WisdomTree U.S. High Dividend Fund by 93.1% in the 1st quarter. Kestra Advisory Services LLC now owns 225,135 shares of the company’s stock valued at $24,589,000 after purchasing an additional 108,569 shares during the period.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.