WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Unusually-High Trading Volume – Time to Buy?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw strong trading volume on Wednesday . Approximately 32,639 shares changed hands during trading, an increase of 4% from the previous session’s volume of 31,377 shares.The stock last traded at $116.7080 and had previously closed at $116.27.

WisdomTree U.S. High Dividend Fund Trading Down 0.4%

The business has a fifty day moving average price of $113.48 and a 200-day moving average price of $110.72. The stock has a market capitalization of $1.54 billion, a PE ratio of 15.51 and a beta of 0.59.

Institutional Trading of WisdomTree U.S. High Dividend Fund

A number of hedge funds have recently bought and sold shares of the company. Park National Corp OH bought a new position in WisdomTree U.S. High Dividend Fund during the first quarter valued at approximately $28,000. Private Trust Co. NA lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 35.2% in the 4th quarter. Private Trust Co. NA now owns 384 shares of the company’s stock worth $39,000 after acquiring an additional 100 shares during the last quarter. Versant Capital Management Inc bought a new stake in shares of WisdomTree U.S. High Dividend Fund in the 2nd quarter worth approximately $43,000. Key Financial Inc lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 26.4% in the 1st quarter. Key Financial Inc now owns 594 shares of the company’s stock worth $65,000 after acquiring an additional 124 shares during the last quarter. Finally, Triumph Capital Management purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the 3rd quarter valued at $71,000.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.