WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Sets New 12-Month High – Here’s What Happened

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $36.00 and last traded at $35.9140, with a volume of 10893 shares. The stock had previously closed at $35.02.

WisdomTree U.S. SmallCap Dividend Fund Stock Up 1.9%

The firm’s 50 day simple moving average is $33.92 and its 200-day simple moving average is $33.48. The company has a market capitalization of $1.94 billion, a PE ratio of 13.64 and a beta of 0.99.

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

Hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. acquired a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the first quarter worth $529,000. Farther Finance Advisors LLC grew its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 590.2% in the second quarter. Farther Finance Advisors LLC now owns 12,100 shares of the company’s stock worth $384,000 after purchasing an additional 10,347 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the 2nd quarter valued at $337,000. AdvisorNet Financial Inc raised its position in WisdomTree U.S. SmallCap Dividend Fund by 128.3% in the second quarter. AdvisorNet Financial Inc now owns 73,843 shares of the company’s stock worth $2,345,000 after acquiring an additional 41,497 shares in the last quarter. Finally, Evanson Asset Management LLC boosted its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 2.9% during the 2nd quarter. Evanson Asset Management LLC now owns 95,087 shares of the company’s stock valued at $3,020,000 after purchasing an additional 2,641 shares in the last quarter.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.