WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 52-Week High – Here’s Why

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLNGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $98.06 and last traded at $97.9430, with a volume of 10444 shares trading hands. The stock had previously closed at $97.14.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

The stock’s fifty day simple moving average is $95.62 and its 200-day simple moving average is $92.47. The firm has a market cap of $6.24 billion, a PE ratio of 20.27 and a beta of 0.76.

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

Several hedge funds and other institutional investors have recently bought and sold shares of DLN. Dana Investment Advisors Inc. raised its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.7% during the fourth quarter. Dana Investment Advisors Inc. now owns 2,450 shares of the company’s stock worth $216,000 after purchasing an additional 111 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.3% during the 4th quarter. Merit Financial Group LLC now owns 9,710 shares of the company’s stock worth $855,000 after purchasing an additional 123 shares during the period. Team Financial Group LLC grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.7% during the 1st quarter. Team Financial Group LLC now owns 22,547 shares of the company’s stock worth $2,014,000 after purchasing an additional 149 shares during the period. Ausdal Financial Partners Inc. increased its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.5% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 28,707 shares of the company’s stock valued at $2,498,000 after purchasing an additional 153 shares in the last quarter. Finally, Nadler Financial Group Inc. increased its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.3% during the 4th quarter. Nadler Financial Group Inc. now owns 46,473 shares of the company’s stock valued at $4,093,000 after purchasing an additional 153 shares in the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

(Get Free Report)

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.

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