WisdomTree International High Dividend Fund (NYSEARCA:DTH) Reaches New 52-Week High – Time to Buy?

Shares of WisdomTree International High Dividend Fund (NYSEARCA:DTH) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $59.05 and last traded at $59.03, with a volume of 25643 shares changing hands. The stock had previously closed at $58.95.

WisdomTree International High Dividend Fund Trading Down 0.7%

The firm has a 50-day moving average price of $56.47 and a 200-day moving average price of $55.91. The company has a market capitalization of $666.36 million, a price-to-earnings ratio of 11.30 and a beta of 0.56.

Institutional Inflows and Outflows

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

WisdomTree International High Dividend Fund Company Profile

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.