WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Share Price Passes Above 50-Day Moving Average – What’s Next?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $54.33 and traded as high as $55.09. WisdomTree U.S. MidCap Dividend Fund shares last traded at $54.52, with a volume of 123,400 shares traded.

WisdomTree U.S. MidCap Dividend Fund Price Performance

The firm has a market cap of $3.81 billion, a P/E ratio of 15.04 and a beta of 0.94. The firm’s 50-day moving average price is $54.35 and its 200 day moving average price is $52.72.

WisdomTree U.S. MidCap Dividend Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.0064 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a dividend yield of 0.1%.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

Several large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in WisdomTree U.S. MidCap Dividend Fund by 5.2% during the second quarter. Bank of America Corp DE now owns 4,857,397 shares of the company’s stock worth $243,453,000 after buying an additional 241,593 shares during the last quarter. Eastern Bank acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the fourth quarter worth about $11,438,000. Mercer Global Advisors Inc. ADV boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 40.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 573,251 shares of the company’s stock worth $29,981,000 after acquiring an additional 166,053 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 386.6% during the 4th quarter. Corient Private Wealth LLC now owns 176,933 shares of the company’s stock worth $9,193,000 after acquiring an additional 140,571 shares in the last quarter. Finally, Two Sigma Investments LP increased its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 1,097.6% during the 3rd quarter. Two Sigma Investments LP now owns 148,500 shares of the company’s stock valued at $7,767,000 after acquiring an additional 136,100 shares during the last quarter.

WisdomTree U.S. MidCap Dividend Fund Company Profile

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.