WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Hits New 1-Year High – What’s Next?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $55.25 and last traded at $55.25, with a volume of 8782 shares traded. The stock had previously closed at $53.70.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

The business has a 50-day moving average price of $51.47 and a 200 day moving average price of $49.43. The stock has a market capitalization of $3.95 billion, a P/E ratio of 9.40 and a beta of 0.54.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

A number of hedge funds have recently made changes to their positions in the stock. Norris Financial Group LLC bought a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 1st quarter worth approximately $283,000. Western Wealth Management LLC bought a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 1st quarter worth approximately $73,000. Bank of America Corp DE boosted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 19.6% in the 1st quarter. Bank of America Corp DE now owns 7,100,731 shares of the company’s stock worth $352,835,000 after purchasing an additional 1,165,485 shares in the last quarter. Hamilton Wealth LLC boosted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 94.2% in the 1st quarter. Hamilton Wealth LLC now owns 18,064 shares of the company’s stock worth $898,000 after purchasing an additional 8,763 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 8.8% in the 1st quarter. Arkadios Wealth Advisors now owns 11,195 shares of the company’s stock worth $556,000 after purchasing an additional 909 shares in the last quarter. 58.33% of the stock is owned by institutional investors.

About WisdomTree Emerging Markets High Dividend Fund

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.