WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sets New 12-Month High – What’s Next?

Shares of WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) reached a new 52-week high during trading on Thursday . The stock traded as high as $57.09 and last traded at $56.7430, with a volume of 7765 shares traded. The stock had previously closed at $56.48.

WisdomTree U.S. MidCap Dividend Fund Price Performance

The company’s fifty day moving average price is $55.47 and its two-hundred day moving average price is $54.35. The firm has a market cap of $3.98 billion, a PE ratio of 15.04 and a beta of 0.85.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Friday Financial grew its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 62.6% in the 4th quarter. Friday Financial now owns 14,350 shares of the company’s stock worth $740,000 after acquiring an additional 5,524 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in WisdomTree U.S. MidCap Dividend Fund by 2.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 159,280 shares of the company’s stock worth $8,219,000 after purchasing an additional 4,239 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in WisdomTree U.S. MidCap Dividend Fund by 3.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 30,973 shares of the company’s stock worth $1,598,000 after purchasing an additional 988 shares during the last quarter. Park Avenue Securities LLC boosted its position in WisdomTree U.S. MidCap Dividend Fund by 40.8% during the fourth quarter. Park Avenue Securities LLC now owns 50,611 shares of the company’s stock worth $2,612,000 after purchasing an additional 14,667 shares in the last quarter. Finally, Holos Integrated Wealth LLC purchased a new stake in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter worth $1,072,000.

About WisdomTree U.S. MidCap Dividend Fund

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. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.