WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sets New 1-Year High – Time to Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s stock price reached a new 52-week high during trading on Wednesday. The company traded as high as $101.84 and last traded at $101.7910, with a volume of 49,076 shares traded. The stock had previously closed at $100.28.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The company’s fifty day moving average price is $99.51 and its 200-day moving average price is $95.87. The stock has a market cap of $6.24 billion, a P/E ratio of 20.27 and a beta of 0.74.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Trilogy Capital Inc. grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.7% during the second quarter. Trilogy Capital Inc. now owns 1,196,646 shares of the company’s stock worth $115,261,000 after purchasing an additional 31,586 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 6.0% in the 1st quarter. Bank of America Corp DE now owns 1,211,307 shares of the company’s stock worth $108,206,000 after acquiring an additional 69,044 shares during the period. Evercore Wealth Management LLC increased its holdings in WisdomTree U.S. LargeCap Dividend Fund by 1.2% during the 1st quarter. Evercore Wealth Management LLC now owns 1,046,430 shares of the company’s stock valued at $93,478,000 after acquiring an additional 12,571 shares in the last quarter. Cetera Investment Advisers grew its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 5.9% in the first quarter. Cetera Investment Advisers now owns 1,006,997 shares of the company’s stock valued at $89,955,000 after purchasing an additional 55,867 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 6.7% in the second 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 in the last quarter.

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.