WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Hits New 1-Year High – Should You Buy?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $103.10 and last traded at $103.07, with a volume of 8244 shares trading hands. The stock had previously closed at $102.41.

WisdomTree U.S. High Dividend Fund Stock Performance

The stock has a market cap of $1.32 billion, a PE ratio of 15.51 and a beta of 0.70. The stock has a fifty day simple moving average of $101.01 and a two-hundred day simple moving average of $99.82.

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

A number of large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in WisdomTree U.S. High Dividend Fund by 12.7% during the third quarter. JPMorgan Chase & Co. now owns 49,937 shares of the company’s stock worth $5,031,000 after acquiring an additional 5,630 shares in the last quarter. Triumph Capital Management bought a new stake in shares of WisdomTree U.S. High Dividend Fund during the 3rd quarter valued at approximately $71,000. Captrust Financial Advisors grew its holdings in shares of WisdomTree U.S. High Dividend Fund by 0.3% during the 3rd quarter. Captrust Financial Advisors now owns 42,752 shares of the company’s stock valued at $4,307,000 after purchasing an additional 116 shares during the last quarter. NewEdge Advisors LLC increased its position in WisdomTree U.S. High Dividend Fund by 1.2% during the 3rd quarter. NewEdge Advisors LLC now owns 11,238 shares of the company’s stock worth $1,132,000 after purchasing an additional 136 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its stake in WisdomTree U.S. High Dividend Fund by 59.9% in the 3rd quarter. Susquehanna International Group LLP now owns 25,147 shares of the company’s stock valued at $2,534,000 after purchasing an additional 9,421 shares during the last quarter.

WisdomTree U.S. High Dividend Fund Company Profile

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree 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 Dividend Index. At the index measurement date, companies within the WisdomTree Dividend 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.