WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Unusually-High Trading Volume – Time to Buy?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw strong trading volume on Wednesday . 132,007 shares changed hands during trading, an increase of 283% from the previous session’s volume of 34,442 shares.The stock last traded at $98.49 and had previously closed at $99.43.

WisdomTree U.S. High Dividend Fund Trading Down 0.9 %

The stock has a market capitalization of $1.24 billion, a P/E ratio of 10.92 and a beta of 0.67. The company has a 50-day moving average price of $95.17 and a two-hundred day moving average price of $94.93.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC bought a new position in WisdomTree U.S. High Dividend Fund in the 3rd quarter valued at $38,000. Frazier Financial Advisors LLC purchased a new position in WisdomTree U.S. High Dividend Fund during the third quarter valued at $43,000. Crews Bank & Trust purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the fourth quarter worth $44,000. Glenmede Trust Co. NA bought a new stake in shares of WisdomTree U.S. High Dividend Fund in the 3rd quarter worth $56,000. Finally, Parvin Asset Management LLC purchased a new stake in WisdomTree U.S. High Dividend Fund in the fourth quarter worth approximately $88,000.

WisdomTree U.S. High Dividend Fund Company Profile

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index.