WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sees Strong Trading Volume – Here’s Why

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) saw unusually-strong trading volume on Monday. Approximately 421,583 shares changed hands during mid-day trading, an increase of 196% from the previous session’s volume of 142,222 shares. The stock last traded at $55.5110 and had previously closed at $55.78.

WisdomTree U.S. MidCap Dividend Fund Trading Up 1.4%

The company has a market capitalization of $3.91 billion, a P/E ratio of 15.04 and a beta of 0.86. The stock’s fifty day moving average is $56.40 and its 200 day moving average is $56.04.

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

A number of hedge funds have recently modified their holdings of the company. Avidian Wealth Enterprises LLC bought a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the 3rd quarter worth approximately $11,824,000. Corient Private Wealth LLC lifted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 388.2% in the 4th quarter. Corient Private Wealth LLC now owns 177,506 shares of the company’s stock valued at $9,222,000 after purchasing an additional 141,144 shares during the period. Dickmeyer Boyce Financial Management Inc. bought a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the first quarter valued at approximately $6,499,000. Corient Private Wealth LP boosted its position in shares of WisdomTree U.S. MidCap Dividend Fund by 198.8% during the second quarter. Corient Private Wealth LP now owns 177,698 shares of the company’s stock valued at $10,043,000 after purchasing an additional 118,236 shares in the last quarter. Finally, Inspirion Wealth Advisors LLC purchased a new stake in WisdomTree U.S. MidCap Dividend Fund in the third quarter worth $4,353,000.

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.