WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Reaches New 12-Month High – Still a Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $82.11 and last traded at $82.11, with a volume of 21782 shares. The stock had previously closed at $81.83.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The firm has a market capitalization of $4.57 billion, a P/E ratio of 18.38 and a beta of 0.77. The business has a 50 day simple moving average of $79.57 and a two-hundred day simple moving average of $75.94.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Meridian Financial Partners LLC lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.4% in the 3rd quarter. Meridian Financial Partners LLC now owns 38,024 shares of the company’s stock worth $2,987,000 after acquiring an additional 137 shares during the last quarter. NBC Securities Inc. lifted its stake in WisdomTree U.S. LargeCap Dividend Fund by 5.3% in the third quarter. NBC Securities Inc. now owns 2,746 shares of the company’s stock worth $215,000 after purchasing an additional 137 shares during the last quarter. Cerity Partners LLC boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 0.4% during the third quarter. Cerity Partners LLC now owns 34,469 shares of the company’s stock valued at $2,708,000 after buying an additional 149 shares during the period. GM Advisory Group LLC grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.5% during the second quarter. GM Advisory Group LLC now owns 10,966 shares of the company’s stock valued at $798,000 after buying an additional 157 shares during the last quarter. Finally, AE Wealth Management LLC grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 3.9% during the second quarter. AE Wealth Management LLC now owns 4,237 shares of the company’s stock valued at $308,000 after buying an additional 159 shares during the last quarter.

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.