WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Hits New 1-Year High – What’s Next?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) hit a new 52-week high on Wednesday. The company traded as high as $101.84 and last traded at $101.7910, with a volume of 49,076 shares traded. The stock had previously closed at $100.28.

WisdomTree U.S. LargeCap Dividend Fund Trading Up 1.6%

The firm has a market cap of $6.48 billion, a price-to-earnings ratio of 20.27 and a beta of 0.74. The company has a 50 day moving average of $99.53 and a 200 day moving average of $95.77.

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

A number of hedge funds have recently modified their holdings of DLN. Trilogy Capital Inc. raised its holdings in WisdomTree U.S. LargeCap Dividend Fund by 2.7% in the 2nd quarter. Trilogy Capital Inc. now owns 1,196,646 shares of the company’s stock valued at $115,261,000 after acquiring an additional 31,586 shares during the period. Bank of America Corp DE lifted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 6.0% during the 1st quarter. Bank of America Corp DE now owns 1,211,307 shares of the company’s stock worth $108,206,000 after purchasing an additional 69,044 shares during the last quarter. Evercore Wealth Management LLC boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 1.2% in the 1st quarter. Evercore Wealth Management LLC now owns 1,046,430 shares of the company’s stock valued at $93,478,000 after purchasing an additional 12,571 shares during the period. Cetera Investment Advisers grew its holdings in WisdomTree U.S. LargeCap Dividend Fund by 5.9% in the 1st quarter. Cetera Investment Advisers now owns 1,006,997 shares of the company’s stock valued at $89,955,000 after buying an additional 55,867 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in WisdomTree U.S. LargeCap Dividend Fund by 6.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 784,125 shares of the company’s stock valued at $75,527,000 after buying an additional 49,357 shares in the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.