WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sets New 1-Year High – Should You Buy?

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) reached a new 52-week high on Tuesday . The company traded as high as $80.31 and last traded at $80.22, with a volume of 12067 shares changing hands. The stock had previously closed at $80.14.

WisdomTree U.S. LargeCap Dividend Fund Trading Down 0.5 %

The stock has a market cap of $4.44 billion, a P/E ratio of 18.38 and a beta of 0.77. The company has a 50-day moving average price of $76.81 and a two-hundred day moving average price of $73.71.

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

A number of institutional investors and hedge funds have recently bought and sold shares of DLN. Cetera Investment Advisers raised its stake in WisdomTree U.S. LargeCap Dividend Fund by 1,198.7% in the 1st quarter. Cetera Investment Advisers now owns 468,989 shares of the company’s stock worth $33,856,000 after acquiring an additional 432,877 shares during the last quarter. LRI Investments LLC purchased a new position in WisdomTree U.S. LargeCap Dividend Fund during the first quarter valued at approximately $24,500,000. MAI Capital Management boosted its position in WisdomTree U.S. LargeCap Dividend Fund by 3,927.2% in the 1st quarter. MAI Capital Management now owns 267,086 shares of the company’s stock worth $19,281,000 after purchasing an additional 260,454 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in WisdomTree U.S. LargeCap Dividend Fund during the second quarter valued at $11,344,000. Finally, Advisors Preferred LLC increased its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 232.8% in the 1st quarter. Advisors Preferred LLC now owns 202,974 shares of the company’s stock valued at $14,567,000 after purchasing an additional 141,983 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.