WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Reaches New 1-Year High – Should You Buy?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DONGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $57.18 and last traded at $57.4550, with a volume of 13438 shares. The stock had previously closed at $56.64.

WisdomTree U.S. MidCap Dividend Fund Stock Up 1.4%

The stock has a market capitalization of $4.04 billion, a P/E ratio of 15.04 and a beta of 0.85. The business’s 50 day simple moving average is $55.68 and its two-hundred day simple moving average is $54.59.

Hedge Funds Weigh In On WisdomTree U.S. MidCap Dividend Fund

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

About WisdomTree U.S. MidCap Dividend Fund

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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.

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