WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Hits New 12-Month High – Should You Buy?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $36.70 and last traded at $36.2950, with a volume of 37354 shares traded. The stock had previously closed at $36.25.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

The firm has a fifty day simple moving average of $34.52 and a 200-day simple moving average of $33.67. The company has a market capitalization of $1.97 billion, a PE ratio of 13.64 and a beta of 0.99.

WisdomTree U.S. SmallCap Dividend Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were paid a $0.0086 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Tuesday, January 27th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Holos Integrated Wealth LLC bought a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter worth about $27,000. Whittier Trust Co. of Nevada Inc. acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the third quarter worth about $29,000. Kohmann Bosshard Financial Services LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter worth about $32,000. Steigerwald Gordon & Koch Inc. bought a new stake in WisdomTree U.S. SmallCap Dividend Fund in the third quarter valued at about $34,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter valued at approximately $55,000.

About WisdomTree U.S. SmallCap Dividend Fund

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.