WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Stock Price Down 0.2% – Here’s What Happened

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) traded down 0.2% on Monday. The company traded as low as $100.43 and last traded at $100.43. 134,115 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 154,096 shares. The stock had previously closed at $100.63.

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

The company has a market capitalization of $6.39 billion, a PE ratio of 20.27 and a beta of 0.75. The stock has a 50-day moving average of $99.55 and a 200 day moving average of $95.72.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Rockland Trust Co. bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the 3rd quarter worth about $387,000. QRG Capital Management Inc. bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the 2nd quarter valued at about $364,000. Envestnet Asset Management Inc. lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 6.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 784,125 shares of the company’s stock valued at $75,527,000 after acquiring an additional 49,357 shares during the last quarter. IFP Advisors Inc grew its position in WisdomTree U.S. LargeCap Dividend Fund by 25.5% in the second quarter. IFP Advisors Inc now owns 2,681 shares of the company’s stock worth $258,000 after acquiring an additional 544 shares in the last quarter. Finally, TD Waterhouse Canada Inc. purchased a new position in WisdomTree U.S. LargeCap Dividend Fund in the second quarter worth about $67,000.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.