WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Trading 0.5% Higher – Still a Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s share price shot up 0.5% during trading on Monday . The stock traded as high as $92.06 and last traded at $92.01. 164,932 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 191,296 shares. The stock had previously closed at $91.52.

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

The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 20.27 and a beta of 0.78. The company has a 50-day moving average price of $91.31 and a 200 day moving average price of $89.15.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

A number of institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,899,581 shares of the company’s stock valued at $339,380,000 after purchasing an additional 13,290 shares during the last quarter. LPL Financial LLC boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 2.9% during the fourth quarter. LPL Financial LLC now owns 3,575,342 shares of the company’s stock valued at $314,916,000 after purchasing an additional 99,769 shares during the last quarter. Focus Partners Wealth boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 4.7% during the fourth quarter. Focus Partners Wealth now owns 2,579,158 shares of the company’s stock valued at $227,172,000 after purchasing an additional 116,260 shares during the last quarter. Ameriprise Financial Inc. boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 47.4% during the second quarter. Ameriprise Financial Inc. now owns 2,106,770 shares of the company’s stock valued at $173,055,000 after purchasing an additional 677,082 shares during the last quarter. Finally, UBS Group AG boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 4.4% during the third quarter. UBS Group AG now owns 1,359,616 shares of the company’s stock valued at $118,327,000 after purchasing an additional 57,837 shares during the last quarter.

About WisdomTree U.S. LargeCap Dividend Fund

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. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.