WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Unusually-High Trading Volume – Still a Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares saw unusually-high trading volume on Wednesday . Approximately 673,141 shares were traded during trading, an increase of 449% from the previous session’s volume of 122,593 shares.The stock last traded at $80.60 and had previously closed at $80.53.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The company has a 50-day moving average of $80.08 and a 200-day moving average of $76.52. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 18.38 and a beta of 0.77.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DLN. Raymond James & Associates lifted its stake in WisdomTree U.S. LargeCap Dividend Fund by 1.4% in the 2nd quarter. Raymond James & Associates now owns 193,825 shares of the company’s stock valued at $14,101,000 after acquiring an additional 2,611 shares in the last quarter. Tranquility Partners LLC lifted its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.1% in the second quarter. Tranquility Partners LLC now owns 15,965 shares of the company’s stock worth $1,161,000 after purchasing an additional 324 shares in the last quarter. &PARTNERS acquired a new position in WisdomTree U.S. LargeCap Dividend Fund during the second quarter worth $1,152,000. GYL Financial Synergies LLC grew its position in WisdomTree U.S. LargeCap Dividend Fund by 7.7% in the second quarter. GYL Financial Synergies LLC now owns 15,361 shares of the company’s stock valued at $1,118,000 after purchasing an additional 1,092 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in WisdomTree U.S. LargeCap Dividend Fund by 0.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 491,813 shares of the company’s stock valued at $35,779,000 after purchasing an additional 1,552 shares in the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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.