WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Hits New 12-Month High – What’s Next?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) shares 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 trading hands. The stock had previously closed at $100.48.

WisdomTree U.S. High Dividend Fund Price Performance

The stock has a 50 day moving average of $95.87 and a two-hundred day moving average of $90.64. The stock has a market capitalization of $1.27 billion, a PE ratio of 10.92 and a beta of 0.67.

Hedge Funds Weigh In On WisdomTree U.S. High Dividend Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC purchased a new stake in WisdomTree U.S. High Dividend Fund during the second quarter worth about $32,000. Pathway Financial Advisers LLC acquired a new stake in shares of WisdomTree U.S. High Dividend Fund during the 3rd quarter valued at approximately $38,000. Hantz Financial Services Inc. purchased a new stake in shares of WisdomTree U.S. High Dividend Fund during the 2nd quarter worth approximately $35,000. Rothschild Investment LLC acquired a new stake in shares of WisdomTree U.S. High Dividend Fund in the 2nd quarter worth approximately $35,000. Finally, Frazier Financial Advisors LLC purchased a new position in WisdomTree U.S. High Dividend Fund in the 3rd quarter valued at approximately $43,000.

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.