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

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $54.49 and traded as high as $55.44. WisdomTree U.S. MidCap Dividend Fund shares last traded at $55.10, with a volume of 80,509 shares traded.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

The stock has a market cap of $3.88 billion, a PE ratio of 15.04 and a beta of 0.85. The business has a 50-day moving average of $54.49 and a 200 day moving average of $53.70.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DON. Bank of America Corp DE increased its position in WisdomTree U.S. MidCap Dividend Fund by 5.2% during the 2nd quarter. Bank of America Corp DE now owns 4,857,397 shares of the company’s stock worth $243,453,000 after purchasing an additional 241,593 shares in the last quarter. Eastern Bank purchased a new stake in WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth about $11,438,000. Mercer Global Advisors Inc. ADV boosted its stake in WisdomTree U.S. MidCap Dividend Fund by 40.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 573,251 shares of the company’s stock worth $29,981,000 after buying an additional 166,053 shares during the last quarter. Corient Private Wealth LLC boosted its stake in WisdomTree U.S. MidCap Dividend Fund by 388.2% in the 4th quarter. Corient Private Wealth LLC now owns 177,506 shares of the company’s stock worth $9,222,000 after buying an additional 141,144 shares during the last quarter. Finally, Two Sigma Investments LP boosted its stake in WisdomTree U.S. MidCap Dividend Fund by 1,097.6% in the 3rd quarter. Two Sigma Investments LP now owns 148,500 shares of the company’s stock worth $7,767,000 after buying 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.