WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Trading Down 0.3% – Time to Sell?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) fell 0.3% during mid-day trading on Thursday . The company traded as low as $92.19 and last traded at $92.89. 19,408 shares were traded during mid-day trading, a decline of 42% from the average session volume of 33,642 shares. The stock had previously closed at $93.14.

WisdomTree U.S. High Dividend Fund Stock Down 0.3 %

The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67. The stock has a 50 day simple moving average of $96.44 and a 200 day simple moving average of $92.83.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Savant Capital LLC increased its position in WisdomTree U.S. High Dividend Fund by 77.7% in the second quarter. Savant Capital LLC now owns 7,549 shares of the company’s stock worth $639,000 after buying an additional 3,300 shares during the period. Nelson Capital Management LLC acquired a new position in shares of WisdomTree U.S. High Dividend Fund during the second quarter valued at $446,000. Envestnet Asset Management Inc. grew its position in shares of WisdomTree U.S. High Dividend Fund by 18.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,819 shares of the company’s stock worth $8,444,000 after acquiring an additional 15,198 shares during the last quarter. Blair William & Co. IL increased its holdings in shares of WisdomTree U.S. High Dividend Fund by 79.1% in the 2nd quarter. Blair William & Co. IL now owns 20,005 shares of the company’s stock worth $1,692,000 after acquiring an additional 8,835 shares during the period. Finally, Creative Planning lifted its position in WisdomTree U.S. High Dividend Fund by 0.8% in the 2nd quarter. Creative Planning now owns 20,463 shares of the company’s stock valued at $1,731,000 after purchasing an additional 172 shares during the last quarter.

WisdomTree U.S. High Dividend Fund Company Profile

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.