WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Hits New 12-Month High – Here’s Why

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES)’s stock price reached a new 52-week high on Monday . The company traded as high as $38.86 and last traded at $38.58, with a volume of 15663 shares traded. The stock had previously closed at $38.46.

WisdomTree U.S. SmallCap Dividend Fund Trading Down 0.2%

The company has a market capitalization of $2.08 billion, a PE ratio of 13.64 and a beta of 0.92. The company’s 50 day moving average price is $36.78 and its 200-day moving average price is $35.19.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Dividend Fund

Several institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 21.3% during the 2nd quarter. Bank of America Corp DE now owns 2,299,893 shares of the company’s stock valued at $73,045,000 after acquiring an additional 404,368 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in WisdomTree U.S. SmallCap Dividend Fund by 110.6% in the 2nd quarter. Corient Private Wealth LLC now owns 714,782 shares of the company’s stock worth $22,701,000 after acquiring an additional 375,454 shares during the period. Allen Investment Management LLC acquired a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter worth $9,817,000. Mercer Global Advisors Inc. ADV boosted its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 43.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 845,624 shares of the company’s stock valued at $28,481,000 after purchasing an additional 255,451 shares during the period. Finally, Wells Fargo & Company MN increased its stake in WisdomTree U.S. SmallCap Dividend Fund by 22.2% during the 4th quarter. Wells Fargo & Company MN now owns 729,432 shares of the company’s stock worth $24,400,000 after buying an additional 132,655 shares during the period.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.