WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Posted by Paula Ricardo on Dec 21st, 2024

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $52.95 and traded as low as $50.22. WisdomTree U.S. MidCap Dividend Fund shares last traded at $51.06, with a volume of 129,227 shares.

WisdomTree U.S. MidCap Dividend Fund Stock Up 1.0 %

The firm has a 50 day moving average price of $52.95 and a 200-day moving average price of $50.15. The stock has a market capitalization of $3.81 billion, a PE ratio of 12.48 and a beta of 0.95.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. &PARTNERS purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the second quarter worth about $470,000. Independence Bank of Kentucky boosted its position in WisdomTree U.S. MidCap Dividend Fund by 10.4% in the 2nd quarter. Independence Bank of Kentucky now owns 27,405 shares of the company’s stock worth $1,282,000 after purchasing an additional 2,580 shares in the last quarter. Rooted Wealth Advisors Inc. boosted its position in WisdomTree U.S. MidCap Dividend Fund by 5.1% in the 2nd quarter. Rooted Wealth Advisors Inc. now owns 46,334 shares of the company’s stock worth $2,270,000 after purchasing an additional 2,243 shares in the last quarter. FAS Wealth Partners Inc. grew its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 3.6% during the 2nd quarter. FAS Wealth Partners Inc. now owns 134,461 shares of the company’s stock worth $6,289,000 after purchasing an additional 4,707 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 2nd quarter valued at approximately $26,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

(Get Free Report)

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market.