WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Reaches New 12-Month High – Time to Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $81.43 and last traded at $81.42, with a volume of 7439 shares. The stock had previously closed at $80.87.

WisdomTree U.S. LargeCap Dividend Fund Stock Up 0.6 %

The stock has a market cap of $4.53 billion, a P/E ratio of 18.38 and a beta of 0.77. The firm’s fifty day moving average price is $79.23 and its 200-day moving average price is $75.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the first quarter worth approximately $25,000. Ridgewood Investments LLC bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the second quarter worth approximately $40,000. Eagle Bay Advisors LLC bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the third quarter worth approximately $46,000. Coastline Trust Co bought a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the third quarter worth approximately $47,000. Finally, GAMMA Investing LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 100.0% in the third quarter. GAMMA Investing LLC now owns 944 shares of the company’s stock worth $74,000 after purchasing an additional 472 shares during the last quarter.

About WisdomTree U.S. LargeCap Dividend Fund

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.