WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sees Unusually-High Trading Volume – Here’s What Happened

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares saw an uptick in trading volume on Wednesday . Approximately 408,667 shares changed hands during mid-day trading, an increase of 213% from the previous session’s volume of 130,601 shares.The stock last traded at $56.8250 and had previously closed at $57.35.

WisdomTree U.S. MidCap Dividend Fund Trading Down 0.8%

The firm has a fifty day moving average price of $57.61 and a 200 day moving average price of $55.66. The firm has a market cap of $3.99 billion, a PE ratio of 15.04 and a beta of 0.85.

Hedge Funds Weigh In On WisdomTree U.S. MidCap Dividend Fund

Several institutional investors and hedge funds have recently bought and sold shares of DON. Larson Financial Group LLC grew its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 4.6% in the fourth quarter. Larson Financial Group LLC now owns 74,421 shares of the company’s stock worth $3,840,000 after acquiring an additional 3,300 shares in the last quarter. Intrua Financial LLC raised its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 3.0% in the fourth quarter. Intrua Financial LLC now owns 53,928 shares of the company’s stock valued at $2,783,000 after acquiring an additional 1,593 shares in the last quarter. WealthPlan Investment Management LLC purchased a new position in WisdomTree U.S. MidCap Dividend Fund in the fourth quarter valued at $249,000. Western Wealth Management LLC boosted its holdings in WisdomTree U.S. MidCap Dividend Fund by 2.2% in the fourth quarter. Western Wealth Management LLC now owns 9,434 shares of the company’s stock valued at $487,000 after purchasing an additional 203 shares during the period. Finally, World Investment Advisors grew its stake in WisdomTree U.S. MidCap Dividend Fund by 5.4% during the 4th quarter. World Investment Advisors now owns 8,605 shares of the company’s stock worth $417,000 after purchasing an additional 442 shares in the last quarter.

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.