WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Strong Trading Volume – Should You Buy?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw unusually-high trading volume on Friday . Approximately 99,335 shares changed hands during mid-day trading, an increase of 239% from the previous session’s volume of 29,294 shares.The stock last traded at $98.83 and had previously closed at $97.67.

WisdomTree U.S. High Dividend Fund Price Performance

The stock has a market cap of $1.21 billion, a PE ratio of 18.37 and a beta of 0.78. The business has a fifty day moving average of $95.95 and a 200-day moving average of $95.37.

Institutional Trading of WisdomTree U.S. High Dividend Fund

A number of large investors have recently modified their holdings of the company. Frazier Financial Advisors LLC purchased a new stake in WisdomTree U.S. High Dividend Fund in the third quarter valued at $43,000. Crews Bank & Trust purchased a new stake in WisdomTree U.S. High Dividend Fund in the fourth quarter valued at $44,000. Glenmede Trust Co. NA purchased a new stake in WisdomTree U.S. High Dividend Fund in the third quarter valued at $56,000. Parvin Asset Management LLC purchased a new stake in WisdomTree U.S. High Dividend Fund in the fourth quarter valued at $88,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in WisdomTree U.S. High Dividend Fund in the fourth quarter valued at $94,000.

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.