WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sees Large Volume Increase – Should You Buy?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) shares saw unusually-high trading volume on Monday . Approximately 374,950 shares changed hands during trading, an increase of 166% from the previous session’s volume of 140,786 shares.The stock last traded at $42.92 and had previously closed at $44.97.

WisdomTree U.S. MidCap Dividend Fund Stock Down 1.7 %

The firm has a market cap of $3.24 billion, a price-to-earnings ratio of 16.05 and a beta of 0.93. The business’s 50-day simple moving average is $50.58 and its two-hundred day simple moving average is $51.60.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Noble Wealth Management PBC acquired a new stake in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter worth $28,000. Rice Partnership LLC purchased a new stake in WisdomTree U.S. MidCap Dividend Fund in the 4th quarter valued at about $38,000. Heck Capital Advisors LLC purchased a new position in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter worth about $38,000. Ameriflex Group Inc. purchased a new position in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter worth about $43,000. Finally, GAMMA Investing LLC increased its position in shares of WisdomTree U.S. MidCap Dividend Fund by 431.6% during the first quarter. GAMMA Investing LLC now owns 941 shares of the company’s stock valued at $47,000 after acquiring an additional 764 shares during the last quarter.

About WisdomTree U.S. MidCap Dividend Fund

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.