WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Announces $0.04 Dividend

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) declared a dividend on Tuesday, December 30th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.0434 per share on Monday, January 5th. This represents a yield of 715.0%. The ex-dividend date is Wednesday, December 31st.

WisdomTree Emerging Markets Multifactor Fund Price Performance

Shares of WisdomTree Emerging Markets Multifactor Fund stock traded down $0.11 during trading hours on Wednesday, hitting $31.58. 9,437 shares of the company’s stock traded hands, compared to its average volume of 24,086. The company has a fifty day simple moving average of $31.40 and a 200-day simple moving average of $30.26. The stock has a market capitalization of $135.79 million, a price-to-earnings ratio of 12.96 and a beta of 0.50. WisdomTree Emerging Markets Multifactor Fund has a 12-month low of $23.93 and a 12-month high of $35.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Trilogy Capital Inc. increased its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 2.6% during the 2nd quarter. Trilogy Capital Inc. now owns 1,762,795 shares of the company’s stock worth $50,888,000 after purchasing an additional 44,122 shares during the last quarter. Greenwood Capital Associates LLC raised its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 44.8% in the second quarter. Greenwood Capital Associates LLC now owns 24,142 shares of the company’s stock valued at $697,000 after buying an additional 7,470 shares during the period. BridgePort Financial Solutions LLC lifted its position in shares of WisdomTree Emerging Markets Multifactor Fund by 348.7% during the 2nd quarter. BridgePort Financial Solutions LLC now owns 74,586 shares of the company’s stock valued at $2,153,000 after buying an additional 57,965 shares during the last quarter. CWM LLC bought a new position in shares of WisdomTree Emerging Markets Multifactor Fund during the 2nd quarter worth $2,284,000. Finally, Resolute Wealth Strategies LLC increased its holdings in WisdomTree Emerging Markets Multifactor Fund by 18.9% in the 2nd quarter. Resolute Wealth Strategies LLC now owns 14,924 shares of the company’s stock worth $431,000 after acquiring an additional 2,370 shares during the last quarter.

About WisdomTree Emerging Markets Multifactor Fund

The WisdomTree Emerging Markets Multifactor Fund (EMMF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that invests in emerging-market firms that score highly on multiple factors. It may hedge foreign currency exposure EMMF was launched on Aug 10, 2018 and is managed by WisdomTree.