Shares of WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $55.25 and last traded at $55.25, with a volume of 8782 shares trading hands. The stock had previously closed at $53.70.
WisdomTree Emerging Markets High Dividend Fund Stock Performance
The firm has a market capitalization of $3.95 billion, a P/E ratio of 9.40 and a beta of 0.54. The firm has a 50-day moving average of $51.47 and a 200-day moving average of $49.43.
Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DEM. Bank of America Corp DE lifted its position in WisdomTree Emerging Markets High Dividend Fund by 19.6% in the 1st quarter. Bank of America Corp DE now owns 7,100,731 shares of the company’s stock valued at $352,835,000 after acquiring an additional 1,165,485 shares in the last quarter. Morgan Stanley lifted its position in WisdomTree Emerging Markets High Dividend Fund by 5.8% in the 4th quarter. Morgan Stanley now owns 8,939,360 shares of the company’s stock valued at $417,558,000 after acquiring an additional 491,321 shares in the last quarter. OLD Mission Capital LLC bought a new position in WisdomTree Emerging Markets High Dividend Fund in the 4th quarter valued at approximately $13,552,000. Kestra Advisory Services LLC lifted its position in WisdomTree Emerging Markets High Dividend Fund by 39.2% in the 1st quarter. Kestra Advisory Services LLC now owns 445,572 shares of the company’s stock valued at $22,140,000 after acquiring an additional 125,463 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in WisdomTree Emerging Markets High Dividend Fund in the 1st quarter valued at approximately $6,203,000. 58.33% of the stock is owned by institutional investors.
WisdomTree Emerging Markets High Dividend Fund Company Profile
WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.
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