WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Reaches New 12-Month High – Time to Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $89.46 and last traded at $89.3210, with a volume of 25001 shares trading hands. The stock had previously closed at $89.14.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The business has a 50 day moving average of $87.65 and a two-hundred day moving average of $85.81. The firm has a market capitalization of $5.65 billion, a price-to-earnings ratio of 20.27 and a beta of 0.82.

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

A number of large investors have recently modified their holdings of the company. Allworth Financial LP grew its position in WisdomTree U.S. LargeCap Dividend Fund by 45.7% in the 3rd quarter. Allworth Financial LP now owns 854 shares of the company’s stock valued at $74,000 after purchasing an additional 268 shares during the period. Cambria Investment Management L.P. acquired a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the third quarter valued at about $1,336,000. Kestra Private Wealth Services LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.7% during the third quarter. Kestra Private Wealth Services LLC now owns 64,859 shares of the company’s stock valued at $5,645,000 after buying an additional 2,913 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 21.4% during the third quarter. NewEdge Advisors LLC now owns 15,242 shares of the company’s stock worth $1,326,000 after acquiring an additional 2,684 shares in the last quarter. Finally, Susquehanna International Group LLP raised its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 33.2% in the 3rd quarter. Susquehanna International Group LLP now owns 22,147 shares of the company’s stock worth $1,927,000 after acquiring an additional 5,518 shares during 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.