WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Reaches New 52-Week High – What’s Next?

Shares of WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) hit a new 52-week high on Wednesday . The company traded as high as $35.25 and last traded at $35.1140, with a volume of 109747 shares traded. The stock had previously closed at $34.98.

WisdomTree U.S. SmallCap Dividend Fund Stock Up 0.7%

The company has a market capitalization of $1.92 billion, a P/E ratio of 13.64 and a beta of 0.99. The company has a 50-day moving average of $33.66 and a two-hundred day moving average of $33.38.

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

Several large investors have recently modified their holdings of DES. Holos Integrated Wealth LLC bought a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the 3rd quarter valued at approximately $29,000. Kennebec Savings Bank purchased a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund in the second quarter worth $33,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the 3rd quarter valued at $34,000. Finally, JPL Wealth Management LLC purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the 3rd quarter valued at $60,000.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.