WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Stock Passes Below 200-Day Moving Average – Time to Sell?

Shares of WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $51.64 and traded as low as $49.27. WisdomTree U.S. MidCap Dividend Fund shares last traded at $50.22, with a volume of 132,287 shares changing hands.

WisdomTree U.S. MidCap Dividend Fund Trading Down 5.0 %

The firm has a 50 day moving average price of $50.58 and a 200-day moving average price of $51.58. The firm has a market cap of $3.29 billion, a PE ratio of 16.05 and a beta of 0.93.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Dividend Fund

Several institutional investors have recently modified their holdings of the company. Noble Wealth Management PBC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the 4th quarter valued at about $28,000. Rice Partnership LLC acquired a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the 4th quarter valued at $38,000. Heck Capital Advisors LLC purchased a new stake in WisdomTree U.S. MidCap Dividend Fund in the 4th quarter valued at $38,000. Ameriflex Group Inc. acquired a new stake in WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth $43,000. Finally, Synergy Investment Management LLC purchased a new position in WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth $51,000.

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.