WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN – Get Free Report) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 120,322 shares, an increase of 123.5% from the April 15th total of 53,825 shares. Based on an average daily volume of 198,947 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.
WisdomTree U.S. LargeCap Dividend Fund Price Performance
Shares of NYSEARCA:DLN opened at $94.69 on Friday. WisdomTree U.S. LargeCap Dividend Fund has a 12 month low of $77.94 and a 12 month high of $95.72. The stock has a market cap of $6.03 billion, a price-to-earnings ratio of 20.27 and a beta of 0.76. The stock’s 50 day moving average price is $91.66 and its 200 day moving average price is $90.21.
Institutional Investors Weigh In On WisdomTree U.S. LargeCap Dividend Fund
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in WisdomTree U.S. LargeCap Dividend Fund by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,899,581 shares of the company’s stock worth $339,380,000 after purchasing an additional 13,290 shares in the last quarter. LPL Financial LLC raised its position in WisdomTree U.S. LargeCap Dividend Fund by 2.9% in the fourth quarter. LPL Financial LLC now owns 3,575,342 shares of the company’s stock worth $314,916,000 after acquiring an additional 99,769 shares in the last quarter. Focus Partners Wealth raised its position in WisdomTree U.S. LargeCap Dividend Fund by 4.7% in the fourth quarter. Focus Partners Wealth now owns 2,579,158 shares of the company’s stock worth $227,172,000 after acquiring an additional 116,260 shares in the last quarter. Ameriprise Financial Inc. raised its position in WisdomTree U.S. LargeCap Dividend Fund by 47.4% in the second quarter. Ameriprise Financial Inc. now owns 2,106,770 shares of the company’s stock worth $173,055,000 after acquiring an additional 677,082 shares in the last quarter. Finally, UBS Group AG raised its position in WisdomTree U.S. LargeCap Dividend Fund by 4.4% in the third quarter. UBS Group AG now owns 1,359,616 shares of the company’s stock worth $118,327,000 after acquiring an additional 57,837 shares in 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.
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