WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Hits New 52-Week High – Here’s What Happened

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $53.46 and last traded at $53.4340, with a volume of 55708 shares changing hands. The stock had previously closed at $52.51.

WisdomTree U.S. MidCap Dividend Fund Trading Up 0.5%

The company’s fifty day simple moving average is $51.75 and its 200 day simple moving average is $51.66. The firm has a market capitalization of $3.84 billion, a P/E ratio of 15.04 and a beta of 0.94.

WisdomTree U.S. MidCap Dividend Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were issued a $0.0418 dividend. The ex-dividend date was Wednesday, December 31st. This represents a c) annualized dividend and a yield of 0.9%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in DON. Caldwell Trust Co bought a new position in WisdomTree U.S. MidCap Dividend Fund in the 2nd quarter worth about $33,000. Bessemer Group Inc. purchased a new position in WisdomTree U.S. MidCap Dividend Fund in the third quarter worth about $41,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the second quarter worth approximately $42,000. Total Investment Management Inc. bought a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the second quarter worth approximately $50,000. Finally, Assetmark Inc. grew its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 328.3% during the second quarter. Assetmark Inc. now owns 1,015 shares of the company’s stock valued at $51,000 after buying an additional 778 shares during the last quarter.

WisdomTree U.S. MidCap Dividend Fund Company Profile

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.