WisdomTree International High Dividend Fund (NYSEARCA:DTH) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Shares of WisdomTree International High Dividend Fund (NYSEARCA:DTH) passed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $56.54 and traded as low as $56.08. WisdomTree International High Dividend Fund shares last traded at $56.42, with a volume of 9,739 shares trading hands.

WisdomTree International High Dividend Fund Stock Down 0.4%

The company has a market capitalization of $643.19 million, a P/E ratio of 12.57 and a beta of 0.58. The business has a 50 day simple moving average of $56.54 and a 200-day simple moving average of $56.07.

Institutional Investors Weigh In On WisdomTree International High Dividend Fund

A number of hedge funds have recently made changes to their positions in the business. Harbour Investments Inc. bought a new stake in WisdomTree International High Dividend Fund during the 3rd quarter valued at $47,000. Ameritas Advisory Services LLC bought a new position in shares of WisdomTree International High Dividend Fund in the second quarter worth $59,000. Integrated Wealth Concepts LLC bought a new position in shares of WisdomTree International High Dividend Fund in the second quarter worth $144,000. StoneX Group Inc. acquired a new position in shares of WisdomTree International High Dividend Fund during the third quarter valued at $218,000. Finally, NewEdge Advisors LLC increased 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 period.

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.