WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Trading Down 0.1% – Time to Sell?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) shares fell 0.1% during trading on Friday . The company traded as low as $97.66 and last traded at $97.93. 36,682 shares traded hands during trading, an increase of 24% from the average session volume of 29,469 shares. The stock had previously closed at $98.05.

WisdomTree U.S. High Dividend Fund Stock Performance

The stock has a market cap of $1.21 billion, a P/E ratio of 17.81 and a beta of 0.78. The business has a 50 day simple moving average of $97.32 and a 200-day simple moving average of $95.99.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DHS. Crews Bank & Trust purchased a new stake in WisdomTree U.S. High Dividend Fund in the 4th quarter worth approximately $44,000. Glenmede Trust Co. NA bought a new position in shares of WisdomTree U.S. High Dividend Fund in the third quarter worth $56,000. Parvin Asset Management LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund in the fourth quarter worth $88,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the fourth quarter worth $94,000. Finally, Western Pacific Wealth Management LP boosted its stake in WisdomTree U.S. High Dividend Fund by 17.0% during the fourth quarter. Western Pacific Wealth Management LP now owns 1,357 shares of the company’s stock valued at $127,000 after buying an additional 197 shares during the period.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index.