WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Reaches New 12-Month High – Here’s What Happened

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $52.72 and last traded at $52.6950, with a volume of 35518 shares trading hands. The stock had previously closed at $51.96.

WisdomTree Emerging Markets High Dividend Fund Stock Up 1.7%

The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of 9.40 and a beta of 0.54. The company has a 50-day moving average price of $50.32 and a 200-day moving average price of $48.11.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several hedge funds and other institutional investors have recently made changes to their positions in DEM. Jones Financial Companies Lllp grew its position in shares of WisdomTree Emerging Markets High Dividend Fund by 122.6% in the first quarter. Jones Financial Companies Lllp now owns 19,346 shares of the company’s stock valued at $814,000 after purchasing an additional 10,656 shares during the last quarter. Brown Advisory Inc. grew its position in WisdomTree Emerging Markets High Dividend Fund by 37.5% during the second quarter. Brown Advisory Inc. now owns 6,857 shares of the company’s stock worth $311,000 after buying an additional 1,869 shares in the last quarter. Raymond James Financial Inc. grew its position in WisdomTree Emerging Markets High Dividend Fund by 10.2% during the second quarter. Raymond James Financial Inc. now owns 592,480 shares of the company’s stock worth $26,833,000 after buying an additional 54,959 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new stake in WisdomTree Emerging Markets High Dividend Fund during the second quarter worth about $202,000. Finally, EP Wealth Advisors LLC acquired a new stake in WisdomTree Emerging Markets High Dividend Fund during the second quarter worth about $157,000. 58.33% of the stock is owned by institutional investors and hedge funds.

WisdomTree Emerging Markets High Dividend Fund Company Profile

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.