WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sets New 12-Month High – Here’s What Happened

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) hit a new 52-week high during trading on Tuesday . The stock traded as high as $101.12 and last traded at $100.9580, with a volume of 7803 shares. The stock had previously closed at $100.83.

WisdomTree U.S. LargeCap Dividend Fund Trading Up 0.0%

The business’s fifty day moving average price is $97.46 and its 200 day moving average price is $94.15. The company has a market capitalization of $6.40 billion, a P/E ratio of 20.27 and a beta of 0.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.9% in the 4th quarter. LPL Financial LLC now owns 3,575,342 shares of the company’s stock valued at $314,916,000 after purchasing an additional 99,769 shares during the period. Focus Partners Wealth boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 4.7% in the 4th quarter. Focus Partners Wealth now owns 2,579,158 shares of the company’s stock valued at $227,172,000 after buying an additional 116,260 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 47.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,106,770 shares of the company’s stock valued at $173,055,000 after buying an additional 677,082 shares in the last quarter. UBS Group AG grew 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 valued at $118,327,000 after acquiring an additional 57,837 shares during the period. Finally, Great Valley Advisor Group Inc. grew its position in WisdomTree U.S. LargeCap Dividend Fund by 7.9% in the fourth quarter. Great Valley Advisor Group Inc. now owns 1,289,748 shares of the company’s stock valued at $113,601,000 after acquiring an additional 94,921 shares during the period.

About WisdomTree U.S. LargeCap Dividend Fund

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.