WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sets New 1-Year High – What’s Next?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS)’s stock price reached a new 52-week high on Thursday . The company traded as high as $96.30 and last traded at $96.21, with a volume of 4520 shares. The stock had previously closed at $96.15.

WisdomTree U.S. High Dividend Fund Price Performance

The business has a 50 day simple moving average of $92.62 and a 200 day simple moving average of $88.07. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Hedge funds have recently added to or reduced their stakes in the company. Global Retirement Partners LLC lifted its holdings in WisdomTree U.S. High Dividend Fund by 4.5% during the 3rd quarter. Global Retirement Partners LLC now owns 14,320 shares of the company’s stock worth $1,343,000 after buying an additional 613 shares during the last quarter. Good Life Advisors LLC raised its stake in WisdomTree U.S. High Dividend Fund by 1.5% during the 3rd quarter. Good Life Advisors LLC now owns 48,614 shares of the company’s stock worth $4,560,000 after acquiring an additional 721 shares in the last quarter. NBC Securities Inc. lifted its position in WisdomTree U.S. High Dividend Fund by 40.5% in the third quarter. NBC Securities Inc. now owns 6,906 shares of the company’s stock valued at $647,000 after acquiring an additional 1,991 shares during the last quarter. Creative Planning boosted its stake in WisdomTree U.S. High Dividend Fund by 0.7% in the third 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. Finally, Saxon Interests Inc. purchased a new position in shares of WisdomTree U.S. High Dividend Fund during the third quarter worth about $201,000.

About WisdomTree U.S. High Dividend Fund

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.