WisdomTree International High Dividend Fund (NYSEARCA:DTH) Hits New 12-Month High – Here’s Why

Shares of WisdomTree International High Dividend Fund (NYSEARCA:DTH) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $58.05 and last traded at $58.0460, with a volume of 21206 shares. The stock had previously closed at $57.76.

WisdomTree International High Dividend Fund Stock Performance

The company has a market cap of $656.82 million, a P/E ratio of 11.30 and a beta of 0.56. The stock has a 50-day moving average of $55.68 and a two-hundred day moving average of $55.36.

Hedge Funds Weigh In On WisdomTree International High Dividend Fund

A number of hedge funds have recently modified their holdings of DTH. NewEdge Advisors LLC lifted its holdings in shares of WisdomTree International High Dividend Fund by 6.1% during the first quarter. NewEdge Advisors LLC now owns 4,806 shares of the company’s stock valued at $260,000 after purchasing an additional 275 shares during the last quarter. Breakwater Capital Group increased its position in WisdomTree International High Dividend Fund by 1.4% during the 1st quarter. Breakwater Capital Group now owns 30,002 shares of the company’s stock valued at $1,623,000 after buying an additional 422 shares in the last quarter. Gateway Wealth Partners LLC increased its position in WisdomTree International High Dividend Fund by 10.0% during the 4th quarter. Gateway Wealth Partners LLC now owns 4,805 shares of the company’s stock valued at $248,000 after buying an additional 438 shares in the last quarter. International Assets Investment Management LLC purchased a new position in WisdomTree International High Dividend Fund during the fourth quarter valued at $33,000. Finally, Geneos Wealth Management Inc. purchased a new position in WisdomTree International High Dividend Fund during the first quarter valued at $28,000.

WisdomTree International High Dividend Fund Company Profile

WisdomTree DEFA Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree DEFA Equity Income Index (the Index). The Index is a fundamentally weighted Index that measures the performance of companies with high dividend yields selected from the WisdomTree DEFA Index. At the Index measurement date, companies within the WisdomTree DEFA Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.