WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Strong Trading Volume – What’s Next?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) shares saw an uptick in trading volume on Monday . 249,945 shares traded hands during trading, an increase of 107% from the previous session’s volume of 120,663 shares.The stock last traded at $81.71 and had previously closed at $82.11.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The company has a market cap of $4.55 billion, a P/E ratio of 18.38 and a beta of 0.77. The stock has a 50 day moving average price of $79.65 and a 200 day moving average price of $76.07.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DLN. Comerica Bank boosted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.2% during the 1st quarter. Comerica Bank now owns 59,371 shares of the company’s stock worth $4,286,000 after acquiring an additional 709 shares in the last quarter. Mather Group LLC. boosted its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 24.7% in the 2nd quarter. Mather Group LLC. now owns 33,765 shares of the company’s stock valued at $2,437,000 after purchasing an additional 6,685 shares during the period. Kingswood Wealth Advisors LLC increased its stake in WisdomTree U.S. LargeCap Dividend Fund by 21.5% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 55,284 shares of the company’s stock worth $4,022,000 after purchasing an additional 9,768 shares in the last quarter. CWM LLC raised its holdings in WisdomTree U.S. LargeCap Dividend Fund by 64.3% during the 2nd quarter. CWM LLC now owns 3,372 shares of the company’s stock worth $245,000 after buying an additional 1,320 shares during the period. Finally, Kaydan Wealth Management Inc. raised its holdings in WisdomTree U.S. LargeCap Dividend Fund by 9.6% during the 2nd quarter. Kaydan Wealth Management Inc. now owns 8,471 shares of the company’s stock worth $616,000 after buying an additional 745 shares during the period.

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.