WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Large Volume Increase – What’s Next?

Shares of WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw unusually-strong trading volume on Thursday . Approximately 245,654 shares changed hands during mid-day trading, an increase of 90% from the previous session’s volume of 129,509 shares.The stock last traded at $78.02 and had previously closed at $77.79.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

The firm’s 50-day simple moving average is $79.84 and its 200 day simple moving average is $77.32. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 18.38 and a beta of 0.77.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Sanctuary Advisors LLC acquired a new position in WisdomTree U.S. LargeCap Dividend Fund during the second quarter worth about $11,344,000. Great Valley Advisor Group Inc. boosted its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 12.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 888,083 shares of the company’s stock valued at $69,768,000 after purchasing an additional 101,557 shares in the last quarter. Fairway Wealth LLC grew its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 61.3% during the 3rd quarter. Fairway Wealth LLC now owns 182,470 shares of the company’s stock valued at $14,335,000 after purchasing an additional 69,329 shares during the last quarter. Bank of New York Mellon Corp increased its position in WisdomTree U.S. LargeCap Dividend Fund by 880.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 63,013 shares of the company’s stock worth $4,584,000 after purchasing an additional 56,586 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in WisdomTree U.S. LargeCap Dividend Fund by 1.8% in 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 last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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.