WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Hits New 1-Year High – Here’s Why

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON)’s stock price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $58.97 and last traded at $58.6350, with a volume of 7,356 shares trading hands. The stock had previously closed at $58.47.

WisdomTree U.S. MidCap Dividend Fund Price Performance

The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of 15.04 and a beta of 0.85. The firm’s 50-day simple moving average is $56.15 and its 200 day simple moving average is $55.59.

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

A number of institutional investors have recently modified their holdings of the business. Coppell Advisory Solutions LLC bought a new position in WisdomTree U.S. MidCap Dividend Fund in the second quarter valued at about $25,000. Ascentis Independent Advisors bought a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the first quarter worth about $57,000. Root Financial Partners LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the 3rd quarter valued at approximately $65,000. Bessemer Group Inc. boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 81.0% in the 1st 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. Finally, Ameritas Advisory Services LLC acquired a new position in WisdomTree U.S. MidCap Dividend Fund during the 2nd quarter worth approximately $78,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

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.