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

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares reached a new 52-week high on Wednesday . The company traded as high as $53.83 and last traded at $53.6040, with a volume of 34143 shares trading hands. The stock had previously closed at $53.45.

WisdomTree U.S. MidCap Dividend Fund Trading Down 0.3%

The stock has a market capitalization of $3.86 billion, a price-to-earnings ratio of 15.04 and a beta of 0.94. The firm has a 50-day moving average of $52.08 and a 200 day moving average of $51.80.

WisdomTree U.S. MidCap Dividend Fund Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.0418 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, December 31st.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Dividend Fund

Several institutional investors have recently bought and sold shares of DON. Caldwell Trust Co bought a new position in WisdomTree U.S. MidCap Dividend Fund in the 2nd quarter valued at about $33,000. Hoese & Co LLP acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the 4th quarter worth approximately $37,000. Bessemer Group Inc. bought a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the third quarter valued at approximately $41,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the second quarter valued at approximately $42,000. Finally, Total Investment Management Inc. acquired a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the second quarter valued at approximately $50,000.

About WisdomTree U.S. MidCap Dividend Fund

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.