WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Large Volume Increase – Still a Buy?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw strong trading volume on Monday . 52,829 shares changed hands during mid-day trading, an increase of 76% from the previous session’s volume of 30,053 shares.The stock last traded at $95.85 and had previously closed at $96.02.

WisdomTree U.S. High Dividend Fund Trading Up 0.0 %

The stock’s 50 day moving average price is $95.56 and its two-hundred day moving average price is $93.98. The firm has a market capitalization of $1.21 billion, a PE ratio of 10.92 and a beta of 0.67.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Several hedge funds and other institutional investors have recently bought and sold shares of DHS. D.A. Davidson & CO. boosted its holdings in shares of WisdomTree U.S. High Dividend Fund by 1.0% in the 3rd quarter. D.A. Davidson & CO. now owns 11,001 shares of the company’s stock valued at $1,032,000 after purchasing an additional 110 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 1.7% during the 4th quarter. CENTRAL TRUST Co now owns 7,172 shares of the company’s stock valued at $670,000 after acquiring an additional 120 shares in the last quarter. Creative Planning lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 0.7% during the 3rd quarter. Creative Planning now owns 20,605 shares of the company’s stock valued at $1,933,000 after acquiring an additional 142 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 0.8% during the 4th quarter. Truist Financial Corp now owns 19,610 shares of the company’s stock valued at $1,831,000 after acquiring an additional 163 shares in the last quarter. Finally, Atria Investments Inc lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 5.1% during the 3rd quarter. Atria Investments Inc now owns 3,426 shares of the company’s stock valued at $321,000 after acquiring an additional 166 shares in the last quarter.

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.