WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sets New 52-Week High – What’s Next?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) hit a new 52-week high on Friday . The stock traded as high as $97.03 and last traded at $97.0410, with a volume of 88330 shares traded. The stock had previously closed at $96.11.

WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.7%

The stock has a market cap of $6.16 billion, a P/E ratio of 20.27 and a beta of 0.76. The business has a 50 day moving average price of $94.01 and a 200 day moving average price of $91.45.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. boosted its holdings in shares of 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 valued at $173,055,000 after purchasing an additional 677,082 shares during the period. Align Financial LLC purchased a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter valued at $27,890,000. Corient Private Wealth LLC lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 3,125.3% during the 4th quarter. Corient Private Wealth LLC now owns 242,932 shares of the company’s stock valued at $21,201,000 after purchasing an additional 235,400 shares during the last quarter. NerdWallet Wealth Partners LLC purchased a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter valued at $17,563,000. Finally, FIDELIS iM LLC increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 305.9% in the 4th quarter. FIDELIS iM LLC now owns 267,722 shares of the company’s stock valued at $23,581,000 after acquiring an additional 201,762 shares during the period.

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.