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

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) hit a new 52-week high on Tuesday . The company traded as high as $48.36 and last traded at $48.2950, with a volume of 125052 shares traded. The stock had previously closed at $48.05.

WisdomTree Emerging Markets High Dividend Fund Stock Up 0.2%

The company has a market cap of $3.38 billion, a PE ratio of 9.40 and a beta of 0.62. The firm has a 50 day simple moving average of $46.90 and a 200-day simple moving average of $46.39.

WisdomTree Emerging Markets High Dividend Fund Announces Dividend

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

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several institutional investors have recently bought and sold shares of DEM. Capital Investment Advisory Services LLC increased its position in shares of WisdomTree Emerging Markets High Dividend Fund by 173.5% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 547 shares of the company’s stock valued at $25,000 after acquiring an additional 347 shares during the period. Creekmur Asset Management LLC grew its stake in WisdomTree Emerging Markets High Dividend Fund by 172.3% during the 2nd quarter. Creekmur Asset Management LLC now owns 580 shares of the company’s stock valued at $26,000 after purchasing an additional 367 shares during the last quarter. Advantage Trust Co purchased a new stake in WisdomTree Emerging Markets High Dividend Fund during the 2nd quarter valued at about $27,000. Trust Co. of Vermont purchased a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the third quarter worth about $29,000. Finally, AE Wealth Management LLC lifted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 54.8% during the second quarter. AE Wealth Management LLC now owns 709 shares of the company’s stock worth $32,000 after purchasing an additional 251 shares during the period. 58.33% of the stock is currently owned by institutional investors and hedge funds.

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.