WisdomTree India Hedged Equity Fund (INDH) to Issue Quarterly Dividend of $2.22 on December 12th

WisdomTree India Hedged Equity Fund (NASDAQ:INDH) declared a quarterly dividend on Tuesday, December 9th. Stockholders of record on Wednesday, December 10th will be paid a dividend of 2.2245 per share on Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 21.2%. The ex-dividend date is Wednesday, December 10th.

WisdomTree India Hedged Equity Fund Price Performance

Shares of NASDAQ:INDH opened at $42.04 on Thursday. The stock has a market cap of $6.31 million, a price-to-earnings ratio of 26.53 and a beta of 0.23. The company has a 50 day moving average of $43.93 and a 200-day moving average of $43.36. WisdomTree India Hedged Equity Fund has a one year low of $38.73 and a one year high of $45.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Susquehanna International Group LLP lifted its stake in WisdomTree India Hedged Equity Fund by 14.1% in the third quarter. Susquehanna International Group LLP now owns 26,595 shares of the company’s stock valued at $1,127,000 after buying an additional 3,284 shares during the period. Leo Wealth LLC acquired a new stake in WisdomTree India Hedged Equity Fund during the 2nd quarter worth $258,000. Finally, Citadel Advisors LLC bought a new stake in shares of WisdomTree India Hedged Equity Fund in the third quarter worth about $828,000.

About WisdomTree India Hedged Equity Fund

The WisdomTree India Hedged Equity Fund (INDH) is an exchange-traded fund that is based on the WisdomTree India Hedged Equity index. The fund tracks a market-cap weighted index comprised of the 75 largest companies in India. The fund employs currency hedging strategies to protect against fluctuations between the Indian Rupee and the US Dollar INDH was launched on May 9, 2024 and is issued by WisdomTree.