WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Hits New 52-Week High – Here’s What Happened

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $58.42 and last traded at $58.5060, with a volume of 114451 shares. The stock had previously closed at $57.98.

WisdomTree U.S. MidCap Dividend Fund Stock Down 0.4%

The firm has a market capitalization of $4.08 billion, a P/E ratio of 15.04 and a beta of 0.85. The company has a fifty day simple moving average of $56.53 and a 200 day simple moving average of $55.10.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Bayban purchased a new position in WisdomTree U.S. MidCap Dividend Fund in the 4th quarter worth about $25,000. International Assets Investment Management LLC bought a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the fourth quarter worth approximately $27,000. LRI Investments LLC purchased a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the fourth quarter valued at approximately $31,000. IFC & Insurance Marketing Inc. bought a new position in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter valued at approximately $31,000. Finally, Basepoint Wealth LLC bought a new position in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter valued at approximately $32,000.

About WisdomTree U.S. MidCap Dividend Fund

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.