WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Sees Unusually-High Trading Volume – Still a Buy?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) saw an uptick in trading volume on Thursday . 498,368 shares changed hands during mid-day trading, an increase of 274% from the previous session’s volume of 133,368 shares.The stock last traded at $41.5010 and had previously closed at $41.27.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

The company’s fifty day moving average price is $40.31 and its 200-day moving average price is $38.28. The stock has a market cap of $2.23 billion, a P/E ratio of 13.64 and a beta of 0.90.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DES. Total Clarity Wealth Management Inc. purchased a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter worth $1,166,000. Keybank National Association OH increased its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 0.5% during the fourth quarter. Keybank National Association OH now owns 711,178 shares of the company’s stock valued at $23,789,000 after buying an additional 3,528 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter valued at $32,000. M&T Bank Corp raised its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 1.0% in the fourth quarter. M&T Bank Corp now owns 1,095,512 shares of the company’s stock valued at $37,148,000 after acquiring an additional 10,475 shares in the last quarter. Finally, VAUGHAN & Co SECURITIES INC. raised its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 0.4% in the fourth quarter. VAUGHAN & Co SECURITIES INC. now owns 78,492 shares of the company’s stock valued at $2,626,000 after acquiring an additional 287 shares in the last quarter.

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.