WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Reaches New 52-Week High – Still a Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $88.63 and last traded at $88.65, with a volume of 199917 shares. The stock had previously closed at $88.37.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The business’s 50 day moving average is $87.07 and its two-hundred day moving average is $84.71. The firm has a market capitalization of $5.57 billion, a PE ratio of 20.27 and a beta of 0.82.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

Institutional investors have recently added to or reduced their stakes in the stock. Cresset Asset Management LLC grew its holdings in WisdomTree U.S. LargeCap Dividend Fund by 0.3% during the 1st quarter. Cresset Asset Management LLC now owns 45,664 shares of the company’s stock valued at $3,624,000 after buying an additional 127 shares in the last quarter. Vertex Planning Partners LLC purchased a new position in WisdomTree U.S. LargeCap Dividend Fund during the first quarter valued at approximately $201,000. GM Advisory Group LLC increased its holdings in WisdomTree U.S. LargeCap Dividend Fund by 2.4% during the 1st quarter. GM Advisory Group LLC now owns 5,950 shares of the company’s stock worth $472,000 after acquiring an additional 140 shares during the period. Kestra Advisory Services LLC lifted its stake in WisdomTree U.S. LargeCap Dividend Fund by 2.8% in the 1st quarter. Kestra Advisory Services LLC now owns 164,006 shares of the company’s stock worth $13,017,000 after purchasing an additional 4,537 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 3.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 158,893 shares of the company’s stock valued at $12,611,000 after purchasing an additional 4,919 shares during the period.

About WisdomTree U.S. LargeCap Dividend Fund

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.