WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sees Large Volume Increase – Here’s Why

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) saw an uptick in trading volume on Monday . 374,950 shares were traded during mid-day trading, an increase of 166% from the previous session’s volume of 140,786 shares.The stock last traded at $42.92 and had previously closed at $44.97.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

The business’s 50-day moving average is $50.58 and its 200 day moving average is $51.60. The company has a market cap of $3.24 billion, a PE ratio of 16.05 and a beta of 0.93.

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

A number of hedge funds have recently bought and sold shares of DON. Noble Wealth Management PBC purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $28,000. Rice Partnership LLC bought a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $38,000. Heck Capital Advisors LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the 4th quarter worth $38,000. Ameriflex Group Inc. acquired a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the fourth quarter valued at about $43,000. Finally, GAMMA Investing LLC grew its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 431.6% during the first quarter. GAMMA Investing LLC now owns 941 shares of the company’s stock valued at $47,000 after buying an additional 764 shares during the last quarter.

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.