WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Strong Trading Volume – Should You Buy?

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw strong trading volume on Wednesday . 673,141 shares changed hands during mid-day trading, an increase of 449% from the previous session’s volume of 122,593 shares.The stock last traded at $80.60 and had previously closed at $80.53.

WisdomTree U.S. LargeCap Dividend Fund Trading Down 0.3 %

The business has a fifty day moving average price of $80.17 and a two-hundred day moving average price of $76.58. The company has a market cap of $4.45 billion, a price-to-earnings ratio of 18.38 and a beta of 0.77.

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

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

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.