WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Sets New 12-Month High – Time to Buy?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $35.25 and last traded at $35.1140, with a volume of 109747 shares changing hands. The stock had previously closed at $34.98.

WisdomTree U.S. SmallCap Dividend Fund Trading Up 0.7%

The firm has a 50 day moving average of $33.66 and a 200-day moving average of $33.38. The company has a market cap of $1.92 billion, a P/E ratio of 13.64 and a beta of 0.99.

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

Institutional investors have recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at $27,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the 3rd quarter valued at about $29,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of WisdomTree U.S. SmallCap Dividend Fund in the 3rd quarter valued at about $34,000. Kennebec Savings Bank purchased a new position in WisdomTree U.S. SmallCap Dividend Fund in the second quarter worth about $33,000. Finally, JPL Wealth Management LLC purchased a new stake in WisdomTree U.S. SmallCap Dividend Fund during the 3rd quarter valued at $60,000.

About WisdomTree U.S. SmallCap Dividend Fund

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.