WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Shares Down 0.3% – Here’s What Happened

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS)’s share price was down 0.3% on Thursday . The company traded as low as $92.19 and last traded at $92.89. Approximately 19,408 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 33,642 shares. The stock had previously closed at $93.14.

WisdomTree U.S. High Dividend Fund Stock Performance

The firm’s 50-day simple moving average is $96.38 and its 200-day simple moving average is $92.87. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67.

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

A number of institutional investors have recently added to or reduced their stakes in DHS. Wealth Enhancement Advisory Services LLC bought a new stake in shares of WisdomTree U.S. High Dividend Fund in the 4th quarter worth approximately $209,000. JPMorgan Chase & Co. boosted its stake in WisdomTree U.S. High Dividend Fund by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 39,446 shares of the company’s stock worth $3,700,000 after buying an additional 1,323 shares in the last quarter. World Investment Advisors LLC acquired a new stake in WisdomTree U.S. High Dividend Fund during the third quarter worth $1,530,000. M&T Bank Corp bought a new stake in WisdomTree U.S. High Dividend Fund in the 3rd quarter valued at $315,000. Finally, MML Investors Services LLC raised its stake in shares of WisdomTree U.S. High Dividend Fund by 31.3% in the 3rd quarter. MML Investors Services LLC now owns 26,631 shares of the company’s stock valued at $2,498,000 after buying an additional 6,350 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.