WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Shares Down 0.2% – What’s Next?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) were down 0.2% on Wednesday. The company traded as low as $116.26 and last traded at $116.62. Approximately 29,564 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 33,201 shares. The stock had previously closed at $116.90.

WisdomTree U.S. High Dividend Fund Stock Down 0.2%

The stock has a market capitalization of $1.61 billion, a PE ratio of 15.51 and a beta of 0.58. The firm has a 50 day moving average price of $116.19 and a 200-day moving average price of $114.19.

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

Several hedge funds and other institutional investors have recently bought and sold shares of DHS. Western Wealth Management LLC grew its holdings in WisdomTree U.S. High Dividend Fund by 3.1% during the first quarter. Western Wealth Management LLC now owns 3,871 shares of the company’s stock worth $423,000 after acquiring an additional 118 shares during the period. Key Financial Inc raised its position in WisdomTree U.S. High Dividend Fund by 26.4% during the first quarter. Key Financial Inc now owns 594 shares of the company’s stock valued at $65,000 after acquiring an additional 124 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in WisdomTree U.S. High Dividend Fund by 5.5% in the first quarter. Nations Financial Group Inc. IA ADV now owns 2,888 shares of the company’s stock valued at $315,000 after acquiring an additional 150 shares during the period. Evolution Wealth Management Inc. lifted its holdings in WisdomTree U.S. High Dividend Fund by 6.1% in the first quarter. Evolution Wealth Management Inc. now owns 3,835 shares of the company’s stock valued at $419,000 after acquiring an additional 221 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in WisdomTree U.S. High Dividend Fund by 1.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 12,240 shares of the company’s stock valued at $1,246,000 after acquiring an additional 226 shares during the period.

WisdomTree U.S. High Dividend Fund Company Profile

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree 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 Dividend Index. At the index measurement date, companies within the WisdomTree Dividend 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.