WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Hits New 12-Month High – Still a Buy?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DESGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $39.35 and last traded at $39.47, with a volume of 9571 shares changing hands. The stock had previously closed at $38.76.

WisdomTree U.S. SmallCap Dividend Fund Price Performance

The firm’s 50-day moving average is $38.08 and its 200-day moving average is $36.31. The company has a market capitalization of $2.12 billion, a P/E ratio of 13.64 and a beta of 0.90.

Institutional Trading of WisdomTree U.S. SmallCap Dividend Fund

Several large investors have recently added to or reduced their stakes in DES. Bank of America Corp DE grew its position in WisdomTree U.S. SmallCap Dividend Fund by 21.3% during the second quarter. Bank of America Corp DE now owns 2,299,893 shares of the company’s stock valued at $73,045,000 after buying an additional 404,368 shares during the period. Corient Private Wealth LLC grew its position in WisdomTree U.S. SmallCap Dividend Fund by 110.6% during the second quarter. Corient Private Wealth LLC now owns 714,782 shares of the company’s stock valued at $22,701,000 after buying an additional 375,454 shares during the period. Allen Investment Management LLC bought a new stake in WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter valued at approximately $9,817,000. Mercer Global Advisors Inc. ADV boosted its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 43.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 845,624 shares of the company’s stock worth $28,481,000 after purchasing an additional 255,451 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 22.2% in the fourth quarter. Wells Fargo & Company MN now owns 729,432 shares of the company’s stock worth $24,400,000 after purchasing an additional 132,655 shares during the period.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

(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.

Featured Articles

Receive News & Ratings for WisdomTree U.S. SmallCap Dividend Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. SmallCap Dividend Fund and related companies with MarketBeat.com's FREE daily email newsletter.