WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Hits New 1-Year High – Here’s Why

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DESGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $41.44 and last traded at $41.4220, with a volume of 54990 shares traded. The stock had previously closed at $41.18.

WisdomTree U.S. SmallCap Dividend Fund Stock Up 1.0%

The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 13.64 and a beta of 0.89. The business has a 50-day moving average price of $39.95 and a 200-day moving average price of $38.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DES. VAUGHAN & Co SECURITIES INC. boosted its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 0.4% during the fourth quarter. VAUGHAN & Co SECURITIES INC. now owns 78,492 shares of the company’s stock worth $2,626,000 after purchasing an additional 287 shares during the period. Clark Asset Management LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter valued at approximately $207,000. Sterling Investment Counsel LLC purchased a new stake in WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter worth approximately $357,000. Wealth Enhancement Trust Services Inc. purchased a new stake in WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter worth approximately $169,000. Finally, Merit Financial Group LLC purchased a new stake in WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter worth approximately $2,012,000.

About WisdomTree U.S. SmallCap Dividend Fund

(Get Free Report)

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.

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