WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sets New 52-Week High – What’s Next?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $101.06 and last traded at $100.96, with a volume of 4608 shares. The stock had previously closed at $100.48.

WisdomTree U.S. High Dividend Fund Stock Performance

The company has a 50 day simple moving average of $95.58 and a 200 day simple moving average of $90.50. The company has a market capitalization of $1.27 billion, a PE ratio of 10.92 and a beta of 0.67.

Institutional Investors Weigh In On WisdomTree U.S. High Dividend Fund

Large investors have recently made changes to their positions in the stock. Cetera Investment Advisers lifted its stake in WisdomTree U.S. High Dividend Fund by 5,415.8% during the first quarter. Cetera Investment Advisers now owns 362,937 shares of the company’s stock worth $31,452,000 after purchasing an additional 356,357 shares in the last quarter. Cetera Advisors LLC raised its stake in shares of WisdomTree U.S. High Dividend Fund by 10.5% in the first quarter. Cetera Advisors LLC now owns 107,995 shares of the company’s stock valued at $9,359,000 after acquiring an additional 10,257 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of WisdomTree U.S. High Dividend Fund by 18.0% in the second quarter. Envestnet Asset Management Inc. now owns 99,819 shares of the company’s stock valued at $8,444,000 after acquiring an additional 15,198 shares in the last quarter. Raymond James & Associates raised its stake in shares of WisdomTree U.S. High Dividend Fund by 3.8% in the second quarter. Raymond James & Associates now owns 59,090 shares of the company’s stock valued at $4,998,000 after acquiring an additional 2,152 shares in the last quarter. Finally, Good Life Advisors LLC raised its stake in shares of WisdomTree U.S. High Dividend Fund by 1.5% in the third quarter. Good Life Advisors LLC now owns 48,614 shares of the company’s stock valued at $4,560,000 after acquiring an additional 721 shares in the last quarter.

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.