WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sets New 12-Month High – Should You Buy?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $56.56 and last traded at $56.5350, with a volume of 47661 shares changing hands. The stock had previously closed at $56.25.

WisdomTree Emerging Markets High Dividend Fund Stock Up 0.6%

The stock has a market capitalization of $4.12 billion, a PE ratio of 9.40 and a beta of 0.55. The stock’s 50-day moving average is $54.14 and its 200 day moving average is $52.90.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

A number of institutional investors and hedge funds have recently made changes to their positions in DEM. Pasadena Private Wealth LLC raised its position in shares of WisdomTree Emerging Markets High Dividend Fund by 62.0% in the fourth quarter. Pasadena Private Wealth LLC now owns 13,056 shares of the company’s stock valued at $610,000 after purchasing an additional 4,996 shares during the period. Baker Avenue Asset Management LP boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 8.2% during the 4th quarter. Baker Avenue Asset Management LP now owns 224,273 shares of the company’s stock worth $10,476,000 after buying an additional 16,914 shares during the period. Steel Grove Capital Advisors LLC grew its stake in WisdomTree Emerging Markets High Dividend Fund by 110.0% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 15,130 shares of the company’s stock valued at $707,000 after buying an additional 7,925 shares during the last quarter. Kestra Investment Management LLC grew its stake in WisdomTree Emerging Markets High Dividend Fund by 2.0% in the 4th quarter. Kestra Investment Management LLC now owns 1,208,266 shares of the company’s stock valued at $56,438,000 after buying an additional 23,787 shares during the last quarter. Finally, Collaborative Wealth Managment Inc. raised its holdings in WisdomTree Emerging Markets High Dividend Fund by 77.4% in the 4th quarter. Collaborative Wealth Managment Inc. now owns 25,445 shares of the company’s stock worth $1,189,000 after acquiring an additional 11,103 shares during the period. Institutional investors and hedge funds own 58.33% of the company’s stock.

WisdomTree Emerging Markets High Dividend Fund Company Profile

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.