WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Share Price Passes Above 50-Day Moving Average – Here’s Why

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $52.61 and traded as high as $52.77. WisdomTree U.S. MidCap Dividend Fund shares last traded at $52.66, with a volume of 99,659 shares.

WisdomTree U.S. MidCap Dividend Fund Trading Up 0.1 %

The stock’s fifty day moving average price is $52.60 and its 200-day moving average price is $50.95. The firm has a market cap of $3.93 billion, a price-to-earnings ratio of 12.48 and a beta of 0.95.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Creekmur Asset Management LLC increased its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 186.2% during the 3rd quarter. Creekmur Asset Management LLC now owns 704 shares of the company’s stock worth $36,000 after buying an additional 458 shares during the last quarter. Perkins Coie Trust Co acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 3rd quarter worth approximately $38,000. Heck Capital Advisors LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $38,000. Rice Partnership LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $38,000. Finally, Farther Finance Advisors LLC boosted its position in shares of WisdomTree U.S. MidCap Dividend Fund by 430.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 833 shares of the company’s stock worth $43,000 after purchasing an additional 676 shares during the period.

About WisdomTree U.S. MidCap Dividend Fund

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market.