WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Strong Trading Volume – Here’s What Happened

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw unusually-strong trading volume on Tuesday . Approximately 303,569 shares were traded during mid-day trading, an increase of 56% from the previous session’s volume of 194,864 shares.The stock last traded at $80.01 and had previously closed at $79.44.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

The company has a 50-day simple moving average of $79.53 and a 200-day simple moving average of $77.85. The stock has a market cap of $4.47 billion, a P/E ratio of 18.38 and a beta of 0.77.

Hedge Funds Weigh In On WisdomTree U.S. LargeCap Dividend Fund

A number of institutional investors have recently modified their holdings of DLN. Sanctuary Advisors LLC acquired a new stake in WisdomTree U.S. LargeCap Dividend Fund in the second quarter worth about $11,344,000. Lake Street Private Wealth LLC acquired a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter worth approximately $10,755,000. Great Valley Advisor Group Inc. raised its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 12.9% during the third quarter. Great Valley Advisor Group Inc. now owns 888,083 shares of the company’s stock worth $69,768,000 after buying an additional 101,557 shares during the last quarter. Fairway Wealth LLC lifted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 61.3% in the third quarter. Fairway Wealth LLC now owns 182,470 shares of the company’s stock valued at $14,335,000 after buying an additional 69,329 shares during the period. Finally, Fox Financial Inc boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 21.7% in the fourth quarter. Fox Financial Inc now owns 310,681 shares of the company’s stock valued at $24,168,000 after acquiring an additional 55,455 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.