WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sets New 1-Year High – Time to Buy?

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) reached a new 52-week high during trading on Monday . The company traded as high as $91.17 and last traded at $90.9490, with a volume of 149817 shares. The stock had previously closed at $90.82.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The company has a market capitalization of $5.78 billion, a P/E ratio of 20.27 and a beta of 0.82. The firm’s fifty day moving average is $88.89 and its 200-day moving average is $86.83.

WisdomTree U.S. LargeCap Dividend Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were paid a dividend of $0.055 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, January 27th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DLN. Merit Financial Group LLC grew its position in WisdomTree U.S. LargeCap Dividend Fund by 1.3% during the 4th quarter. Merit Financial Group LLC now owns 9,710 shares of the company’s stock worth $855,000 after acquiring an additional 123 shares during the last quarter. Thoroughbred Financial Services LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.5% during the third quarter. Thoroughbred Financial Services LLC now owns 8,888 shares of the company’s stock worth $773,000 after purchasing an additional 131 shares during the last quarter. Cresset Asset Management LLC increased its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.3% in the second quarter. Cresset Asset Management LLC now owns 45,802 shares of the company’s stock valued at $3,762,000 after buying an additional 138 shares during the period. Valmark Advisers Inc. increased its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.6% in the third quarter. Valmark Advisers Inc. now owns 5,688 shares of the company’s stock valued at $495,000 after buying an additional 142 shares during the period. Finally, Kingswood Wealth Advisors LLC raised its holdings in WisdomTree U.S. LargeCap Dividend Fund by 0.3% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 53,763 shares of the company’s stock valued at $4,416,000 after buying an additional 149 shares during the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.