WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 12-Month High – What’s Next?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares reached a new 52-week high on Tuesday . The company traded as high as $98.06 and last traded at $97.9430, with a volume of 10444 shares changing hands. The stock had previously closed at $97.14.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The firm’s 50 day moving average price is $95.62 and its 200-day moving average price is $92.47. The firm has a market capitalization of $6.24 billion, a PE ratio of 20.27 and a beta of 0.76.

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

A number of large investors have recently bought and sold shares of the business. CoreCap Advisors LLC boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 2.6% during the second quarter. CoreCap Advisors LLC now owns 27,648 shares of the company’s stock worth $2,663,000 after purchasing an additional 712 shares in the last quarter. Trilogy Capital Inc. grew its holdings in WisdomTree U.S. LargeCap Dividend Fund by 2.7% in the second quarter. Trilogy Capital Inc. now owns 1,196,646 shares of the company’s stock valued at $115,261,000 after purchasing an additional 31,586 shares during the period. Versant Capital Management Inc purchased a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the second quarter valued at approximately $149,000. CX Institutional increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.6% in the second quarter. CX Institutional now owns 105,870 shares of the company’s stock valued at $10,197,000 after buying an additional 2,728 shares in the last quarter. Finally, Eastern Bank acquired a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 2nd quarter worth approximately $44,000.

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.