WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sees Unusually-High Trading Volume – Time to Buy?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON – Get Free Report) saw strong trading volume on Monday. 421,583 shares traded hands during mid-day trading, an increase of 196% from the previous session’s volume of 142,222 shares. The stock last traded at $55.5110 and had previously closed at $55.78.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

The stock has a market cap of $3.86 billion, a P/E ratio of 15.04 and a beta of 0.86. The stock has a 50-day moving average price of $56.50 and a 200-day moving average price of $55.99.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Dividend Fund

Several hedge funds have recently bought and sold shares of the stock. Coppell Advisory Solutions LLC bought a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 2nd quarter worth $25,000. Bayban bought a new position in WisdomTree U.S. MidCap Dividend Fund in the fourth quarter valued at $25,000. Ascentis Independent Advisors bought a new position in WisdomTree U.S. MidCap Dividend Fund in the first quarter valued at $57,000. Ameritas Advisory Services LLC purchased a new stake in WisdomTree U.S. MidCap Dividend Fund during the second quarter valued at about $78,000. Finally, Bessemer Group Inc. raised its position in WisdomTree U.S. MidCap Dividend Fund by 81.0% during the first quarter. Bessemer Group Inc. now owns 1,430 shares of the company’s stock valued at $75,000 after purchasing an additional 640 shares in the last quarter.

About WisdomTree U.S. MidCap Dividend Fund

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for WisdomTree U.S. MidCap Dividend Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. MidCap Dividend Fund and related companies with MarketBeat.com's FREE daily email newsletter.