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

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $88.51 and last traded at $88.47, with a volume of 17123 shares trading hands. The stock had previously closed at $88.32.

WisdomTree U.S. LargeCap Dividend Fund Stock Down 0.1%

The company has a market cap of $5.53 billion, a P/E ratio of 20.27 and a beta of 0.82. The business has a fifty day moving average of $87.01 and a 200 day moving average of $84.49.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Cary Street Partners Financial LLC raised its holdings in WisdomTree U.S. LargeCap Dividend Fund by 12.8% during the 1st quarter. Cary Street Partners Financial LLC now owns 3,490 shares of the company’s stock valued at $277,000 after buying an additional 395 shares during the period. Flagship Wealth Advisors LLC purchased a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the first quarter valued at $2,423,000. Founders Financial Alliance LLC lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 10.1% in the 1st quarter. Founders Financial Alliance LLC now owns 22,059 shares of the company’s stock worth $1,751,000 after acquiring an additional 2,023 shares during the last quarter. Avant Capital LLC lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 6.6% in the 1st quarter. Avant Capital LLC now owns 32,049 shares of the company’s stock worth $2,544,000 after acquiring an additional 1,995 shares during the last quarter. Finally, First American Trust FSB boosted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 6.1% during the 1st quarter. First American Trust FSB now owns 124,372 shares of the company’s stock worth $9,871,000 after purchasing an additional 7,166 shares during the period.

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.