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

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $58.42 and last traded at $58.5060, with a volume of 114451 shares changing hands. The stock had previously closed at $57.98.

WisdomTree U.S. MidCap Dividend Fund Stock Up 1.2%

The firm has a fifty day moving average of $56.41 and a 200-day moving average of $55.04. The firm has a market cap of $4.11 billion, a P/E ratio of 15.04 and a beta of 0.85.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. increased its position in shares of WisdomTree U.S. MidCap Dividend Fund by 22.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,053 shares of the company’s stock valued at $54,000 after buying an additional 196 shares during the period. Western Wealth Management LLC increased its holdings in WisdomTree U.S. MidCap Dividend Fund by 2.2% during the 4th quarter. Western Wealth Management LLC now owns 9,434 shares of the company’s stock worth $487,000 after acquiring an additional 203 shares during the period. Russell Investments Group Ltd. increased its holdings in WisdomTree U.S. MidCap Dividend Fund by 53.7% during the 4th quarter. Russell Investments Group Ltd. now owns 667 shares of the company’s stock worth $34,000 after acquiring an additional 233 shares during the period. Betterment LLC lifted its stake in WisdomTree U.S. MidCap Dividend Fund by 1.8% in the 3rd quarter. Betterment LLC now owns 14,449 shares of the company’s stock worth $756,000 after purchasing an additional 251 shares in the last quarter. Finally, Yarger Wealth Strategies LLC boosted its holdings in WisdomTree U.S. MidCap Dividend Fund by 0.7% in the 4th quarter. Yarger Wealth Strategies LLC now owns 38,517 shares of the company’s stock valued at $1,987,000 after purchasing an additional 277 shares during the period.

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.