WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Unusually-High Trading Volume – Still a Buy?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw an uptick in trading volume on Monday . 52,829 shares changed hands during trading, an increase of 76% from the previous session’s volume of 30,053 shares.The stock last traded at $95.85 and had previously closed at $96.02.

WisdomTree U.S. High Dividend Fund Stock Up 0.5 %

The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67. The firm has a 50 day moving average of $95.38 and a two-hundred day moving average of $94.07.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Great Valley Advisor Group Inc. increased its position in WisdomTree U.S. High Dividend Fund by 143.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 41,723 shares of the company’s stock valued at $3,913,000 after acquiring an additional 24,587 shares during the period. World Investment Advisors LLC acquired a new stake in WisdomTree U.S. High Dividend Fund in the third quarter valued at $1,530,000. Sanctuary Advisors LLC bought a new position in WisdomTree U.S. High Dividend Fund during the 2nd quarter worth $618,000. MML Investors Services LLC lifted its holdings in WisdomTree U.S. High Dividend Fund by 31.3% during the 3rd quarter. MML Investors Services LLC now owns 26,631 shares of the company’s stock worth $2,498,000 after buying an additional 6,350 shares during the period. Finally, Park Avenue Securities LLC bought a new stake in shares of WisdomTree U.S. High Dividend Fund in the 4th quarter valued at about $443,000.

WisdomTree U.S. High Dividend Fund Company Profile

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.