WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Reaches New 1-Year High – Should You Buy?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DESGet Free Report) shares reached a new 52-week high on Friday . The stock traded as high as $40.63 and last traded at $40.59, with a volume of 27083 shares trading hands. The stock had previously closed at $40.38.

WisdomTree U.S. SmallCap Dividend Fund Price Performance

The firm’s 50 day moving average price is $38.77 and its 200-day moving average price is $36.82. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 13.64 and a beta of 0.90.

Institutional Trading of WisdomTree U.S. SmallCap Dividend Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Western Wealth Management LLC acquired a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the first quarter valued at about $184,000. Three Bearings Fiduciary Advisors Inc. grew its position in WisdomTree U.S. SmallCap Dividend Fund by 0.5% during the first quarter. Three Bearings Fiduciary Advisors Inc. now owns 128,603 shares of the company’s stock worth $4,622,000 after buying an additional 604 shares in the last quarter. Farmers National Bank grew its position in WisdomTree U.S. SmallCap Dividend Fund by 5.2% during the first quarter. Farmers National Bank now owns 78,628 shares of the company’s stock worth $2,826,000 after buying an additional 3,921 shares in the last quarter. Vestor Capital LLC bought a new position in WisdomTree U.S. SmallCap Dividend Fund during the first quarter valued at about $2,707,000. Finally, Paragon Private Wealth Management LLC increased its stake in WisdomTree U.S. SmallCap Dividend Fund by 23.0% during the first quarter. Paragon Private Wealth Management LLC now owns 34,821 shares of the company’s stock valued at $1,251,000 after acquiring an additional 6,507 shares during the period.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

(Get Free Report)

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.

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