WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Hits New 12-Month High – What’s Next?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $47.92 and last traded at $47.89, with a volume of 23838 shares traded. The stock had previously closed at $47.68.

WisdomTree Emerging Markets High Dividend Fund Trading Up 0.4%

The business has a fifty day moving average of $46.77 and a 200-day moving average of $46.32. The firm has a market cap of $3.36 billion, a PE ratio of 9.40 and a beta of 0.62.

WisdomTree Emerging Markets High Dividend Fund Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a $0.072 dividend. The ex-dividend date was Wednesday, December 31st.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Moody National Bank Trust Division raised its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 8.7% during the fourth quarter. Moody National Bank Trust Division now owns 39,747 shares of the company’s stock valued at $1,857,000 after acquiring an additional 3,193 shares during the last quarter. Breakwater Capital Group bought a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the fourth quarter worth approximately $204,000. Wealth Enhancement Advisory Services LLC increased its holdings in WisdomTree Emerging Markets High Dividend Fund by 9.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 469,488 shares of the company’s stock worth $22,311,000 after buying an additional 41,409 shares in the last quarter. NorthCrest Asset Manangement LLC purchased a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the 4th quarter worth $236,000. Finally, Old Port Advisors increased its holdings in WisdomTree Emerging Markets High Dividend Fund by 14.1% during the fourth quarter. Old Port Advisors now owns 72,909 shares of the company’s stock valued at $3,406,000 after buying an additional 9,033 shares during the last quarter. Hedge funds and other institutional investors own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.