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

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $54.49 and traded as high as $55.44. WisdomTree U.S. MidCap Dividend Fund shares last traded at $55.10, with a volume of 80,509 shares traded.

WisdomTree U.S. MidCap Dividend Fund Trading Down 0.5%

The business has a 50 day simple moving average of $54.49 and a 200-day simple moving average of $53.70. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of 15.04 and a beta of 0.85.

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

A number of hedge funds have recently made changes to their positions in DON. Wealthcare Capital Partners LLC increased its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 22.1% during the 3rd quarter. Wealthcare Capital Partners LLC now owns 27,830 shares of the company’s stock worth $1,456,000 after buying an additional 5,038 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 3.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 22,332 shares of the company’s stock worth $1,168,000 after purchasing an additional 687 shares during the period. Uhlmann Price Securities LLC grew its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 66.9% during the 3rd quarter. Uhlmann Price Securities LLC now owns 12,570 shares of the company’s stock worth $657,000 after purchasing an additional 5,040 shares during the period. Bessemer Group Inc. purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 3rd quarter worth about $41,000. Finally, Atria Investments Inc grew its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 16.4% during the 3rd quarter. Atria Investments Inc now owns 129,588 shares of the company’s stock worth $6,777,000 after purchasing an additional 18,255 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. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.