WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Reaches New 12-Month High – Time to Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN)’s stock price hit a new 52-week high on Friday . The company traded as high as $81.43 and last traded at $81.42, with a volume of 7439 shares traded. The stock had previously closed at $80.87.

WisdomTree U.S. LargeCap Dividend Fund Trading Up 0.6 %

The stock has a 50 day simple moving average of $79.23 and a 200-day simple moving average of $75.63. The firm has a market capitalization of $4.53 billion, a P/E ratio of 18.38 and a beta of 0.77.

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

A number of large investors have recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.8% during the 2nd quarter. LPL Financial LLC now owns 2,922,155 shares of the company’s stock valued at $212,587,000 after purchasing an additional 52,769 shares during the period. Great Valley Advisor Group Inc. grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 12.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 888,083 shares of the company’s stock valued at $69,768,000 after acquiring an additional 101,557 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 8.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 574,411 shares of the company’s stock valued at $41,788,000 after acquiring an additional 44,000 shares during the period. Waterway Wealth Management LLC grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 2.1% during the 3rd quarter. Waterway Wealth Management LLC now owns 526,171 shares of the company’s stock valued at $41,333,000 after acquiring an additional 10,608 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 8.4% during the 2nd quarter. Cetera Investment Advisers now owns 508,475 shares of the company’s stock valued at $36,992,000 after acquiring an additional 39,486 shares during the period.

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.