WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Large Volume Increase – Here’s Why

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw unusually-high trading volume on Wednesday . Approximately 673,141 shares traded hands during trading, an increase of 449% from the previous session’s volume of 122,593 shares.The stock last traded at $80.60 and had previously closed at $80.53.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 18.38 and a beta of 0.77. The firm’s 50 day moving average is $80.08 and its 200 day moving average is $76.52.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DLN. Ridgewood Investments LLC bought a new stake in WisdomTree U.S. LargeCap Dividend Fund in the second quarter worth $40,000. Eagle Bay Advisors LLC acquired a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter valued at about $46,000. Coastline Trust Co bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the 3rd quarter valued at approximately $47,000. GAMMA Investing LLC raised its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 100.0% in the 3rd quarter. GAMMA Investing LLC now owns 944 shares of the company’s stock valued at $74,000 after acquiring an additional 472 shares in the last quarter. Finally, Sage Mountain Advisors LLC acquired a new stake in WisdomTree U.S. LargeCap Dividend Fund in the 2nd quarter worth approximately $119,000.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market.