WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Stock Price Down 0.3% – Here’s Why

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) shares fell 0.3% on Thursday . The company traded as low as $92.19 and last traded at $92.89. 19,408 shares changed hands 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 Performance

The company has a market cap of $1.15 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67. The stock’s fifty day moving average is $96.38 and its two-hundred day moving average is $92.87.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Several institutional investors and hedge funds have recently modified their holdings of DHS. NewEdge Advisors LLC bought a new stake in WisdomTree U.S. High Dividend Fund during the second quarter worth $2,159,000. Great Valley Advisor Group Inc. grew its stake in shares of WisdomTree U.S. High Dividend Fund by 143.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 41,723 shares of the company’s stock worth $3,913,000 after acquiring an additional 24,587 shares in the last quarter. World Investment Advisors LLC purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the third quarter valued at about $1,530,000. Envestnet Asset Management Inc. lifted 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 valued at $8,444,000 after purchasing an additional 15,198 shares in the last quarter. Finally, Blair William & Co. IL boosted its holdings in WisdomTree U.S. High Dividend Fund by 79.1% during the second quarter. Blair William & Co. IL now owns 20,005 shares of the company’s stock worth $1,692,000 after purchasing an additional 8,835 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.