WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 12-Month High – Here’s Why

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares hit a new 52-week high during trading on Friday . The company traded as high as $82.11 and last traded at $82.11, with a volume of 21782 shares trading hands. The stock had previously closed at $81.83.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

The business has a fifty day moving average of $79.65 and a 200 day moving average of $76.04. The stock has a market cap of $4.57 billion, a PE ratio of 18.38 and a beta of 0.77.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

A number of hedge funds have recently made changes to their positions in the stock. Synovus Financial Corp grew its stake in WisdomTree U.S. LargeCap Dividend Fund by 208.9% in the third quarter. Synovus Financial Corp now owns 16,154 shares of the company’s stock worth $1,269,000 after purchasing an additional 10,925 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the 3rd quarter worth approximately $1,934,000. MML Investors Services LLC grew its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 8.7% in the 3rd quarter. MML Investors Services LLC now owns 48,284 shares of the company’s stock worth $3,793,000 after acquiring an additional 3,862 shares in the last quarter. Glen Eagle Advisors LLC raised its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.5% during the 3rd quarter. Glen Eagle Advisors LLC now owns 4,722 shares of the company’s stock valued at $371,000 after acquiring an additional 205 shares in the last quarter. Finally, IHT Wealth Management LLC raised its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 15.7% during the 3rd quarter. IHT Wealth Management LLC now owns 9,924 shares of the company’s stock valued at $779,000 after acquiring an additional 1,349 shares in 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.