WisdomTree International High Dividend Fund (NYSEARCA:DTH) Hits New 52-Week High – Still a Buy?

WisdomTree International High Dividend Fund (NYSEARCA:DTH) shares reached a new 52-week high during trading on Monday . The company traded as high as $58.46 and last traded at $58.0910, with a volume of 22537 shares trading hands. The stock had previously closed at $58.38.

WisdomTree International High Dividend Fund Price Performance

The firm has a fifty day moving average price of $55.79 and a two-hundred day moving average price of $55.51. The stock has a market capitalization of $659.15 million, a PE ratio of 11.30 and a beta of 0.56.

Hedge Funds Weigh In On WisdomTree International High Dividend Fund

Hedge funds have recently bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of WisdomTree International High Dividend Fund by 5.8% during the first quarter. Royal Bank of Canada now owns 28,166 shares of the company’s stock valued at $1,196,000 after purchasing an additional 1,538 shares during the period. Geneos Wealth Management Inc. purchased a new position in WisdomTree International High Dividend Fund in the 1st quarter worth about $28,000. JPMorgan Chase & Co. increased its stake in WisdomTree International High Dividend Fund by 5,341.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,297 shares of the company’s stock worth $1,311,000 after buying an additional 27,777 shares during the period. Baird Financial Group Inc. lifted its holdings in WisdomTree International High Dividend Fund by 3.1% during the 2nd quarter. Baird Financial Group Inc. now owns 65,981 shares of the company’s stock valued at $3,057,000 after buying an additional 2,008 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in WisdomTree International High Dividend Fund by 12.9% during the 2nd quarter. Raymond James Financial Inc. now owns 93,944 shares of the company’s stock valued at $4,353,000 after buying an additional 10,712 shares in the last quarter.

About WisdomTree International High Dividend Fund

WisdomTree DEFA Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree DEFA 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 DEFA Index. At the Index measurement date, companies within the WisdomTree DEFA 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.