WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Trading Down 2.5% – Time to Sell?

Shares of WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) were down 2.5% during trading on Wednesday . The company traded as low as $93.12 and last traded at $93.13. Approximately 30,647 shares traded hands during trading, a decline of 20% from the average daily volume of 38,345 shares. The stock had previously closed at $95.49.

WisdomTree U.S. High Dividend Fund Stock Down 2.5 %

The firm has a market capitalization of $1.17 billion, a PE ratio of 10.92 and a beta of 0.67. The stock’s fifty day simple moving average is $97.01 and its 200 day simple moving average is $91.84.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. D.A. Davidson & CO. boosted its holdings in WisdomTree U.S. High Dividend Fund by 1.0% in the 3rd quarter. D.A. Davidson & CO. now owns 11,001 shares of the company’s stock worth $1,032,000 after buying an additional 110 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of WisdomTree U.S. High Dividend Fund by 5.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 2,607 shares of the company’s stock valued at $221,000 after acquiring an additional 130 shares in the last quarter. Creative Planning boosted its stake in shares of WisdomTree U.S. High Dividend Fund by 0.7% in the third quarter. Creative Planning now owns 20,605 shares of the company’s stock worth $1,933,000 after acquiring an additional 142 shares during the period. Atria Investments Inc grew its position in shares of WisdomTree U.S. High Dividend Fund by 5.1% during the third quarter. Atria Investments Inc now owns 3,426 shares of the company’s stock worth $321,000 after purchasing an additional 166 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of WisdomTree U.S. High Dividend Fund by 1.1% during the third quarter. Janney Montgomery Scott LLC now owns 22,129 shares of the company’s stock worth $2,076,000 after purchasing an additional 246 shares in the last quarter.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree 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 Dividend Index.