WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $54.33 and traded as high as $55.09. WisdomTree U.S. MidCap Dividend Fund shares last traded at $54.52, with a volume of 123,400 shares trading hands.

WisdomTree U.S. MidCap Dividend Fund Price Performance

The firm has a market capitalization of $3.87 billion, a PE ratio of 15.04 and a beta of 0.94. The business’s 50-day moving average price is $54.33 and its 200-day moving average price is $52.71.

WisdomTree U.S. MidCap Dividend Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.0064 per share. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, February 24th.

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

Several hedge funds have recently made changes to their positions in the business. Asset Dedication LLC lifted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 1.6% during the second quarter. Asset Dedication LLC now owns 12,503 shares of the company’s stock worth $627,000 after purchasing an additional 200 shares during the period. Centaurus Financial Inc. increased its stake in WisdomTree U.S. MidCap Dividend Fund by 14.7% in the 2nd quarter. Centaurus Financial Inc. now owns 36,322 shares of the company’s stock valued at $1,820,000 after buying an additional 4,646 shares during the period. Kennebec Savings Bank acquired a new position in WisdomTree U.S. MidCap Dividend Fund in the 3rd quarter valued at $102,000. Friday Financial raised its position in WisdomTree U.S. MidCap Dividend Fund by 26.0% during the 3rd quarter. Friday Financial now owns 8,826 shares of the company’s stock worth $462,000 after buying an additional 1,822 shares during the last quarter. Finally, Inspirion Wealth Advisors LLC lifted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 5.3% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 97,986 shares of the company’s stock worth $5,010,000 after acquiring an additional 4,902 shares during the period.

WisdomTree U.S. MidCap Dividend Fund Company Profile

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.