WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Hits New 1-Year High – What’s Next?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $54.37 and last traded at $54.32, with a volume of 151616 shares changing hands. The stock had previously closed at $53.43.

WisdomTree Emerging Markets High Dividend Fund Stock Up 1.7%

The stock has a market capitalization of $3.88 billion, a P/E ratio of 9.40 and a beta of 0.54. The business has a fifty day moving average price of $50.61 and a 200-day moving average price of $48.72.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

A number of hedge funds have recently bought and sold shares of the company. Morgan Stanley increased its position in WisdomTree Emerging Markets High Dividend Fund by 5.8% during the fourth quarter. Morgan Stanley now owns 8,939,360 shares of the company’s stock valued at $417,558,000 after acquiring an additional 491,321 shares during the last quarter. Bank of America Corp DE increased its position in WisdomTree Emerging Markets High Dividend Fund by 2.2% during the third quarter. Bank of America Corp DE now owns 5,704,351 shares of the company’s stock valued at $262,343,000 after acquiring an additional 123,553 shares during the last quarter. Ameriprise Financial Inc. increased its position in WisdomTree Emerging Markets High Dividend Fund by 4.1% during the third quarter. Ameriprise Financial Inc. now owns 2,418,443 shares of the company’s stock valued at $111,199,000 after acquiring an additional 95,924 shares during the last quarter. UBS Group AG increased its position in WisdomTree Emerging Markets High Dividend Fund by 1.0% during the fourth quarter. UBS Group AG now owns 1,917,621 shares of the company’s stock valued at $89,572,000 after acquiring an additional 18,243 shares during the last quarter. Finally, Kestra Investment Management LLC increased its position in WisdomTree Emerging Markets High Dividend Fund by 2.0% during the fourth quarter. Kestra Investment Management LLC now owns 1,208,266 shares of the company’s stock valued at $56,438,000 after acquiring an additional 23,787 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.