WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Trading Down 0.6% – Here’s What Happened

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLNGet Free Report) was down 0.6% during mid-day trading on Tuesday . The company traded as low as $100.10 and last traded at $100.18. Approximately 68,830 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 155,557 shares. The stock had previously closed at $100.83.

WisdomTree U.S. LargeCap Dividend Fund Trading Down 0.6%

The stock’s 50-day simple moving average is $99.39 and its 200-day simple moving average is $95.48. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 20.27 and a beta of 0.75.

Institutional Investors Weigh In On WisdomTree U.S. LargeCap Dividend Fund

A number of large investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. raised 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 in the last quarter. Align Financial LLC acquired a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the 4th quarter valued at $27,890,000. Corient Private Wealth LLC boosted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 3,125.3% in the 4th quarter. Corient Private Wealth LLC now owns 242,932 shares of the company’s stock valued at $21,201,000 after purchasing an additional 235,400 shares in the last quarter. truNorth Financial Services Inc. bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the 4th quarter valued at $12,225,000. Finally, Focus Partners Wealth increased its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.7% in the 4th 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.

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.

Further Reading

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