WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sees Strong Trading Volume – Should You Buy?

by · The Markets Daily

Shares of WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM – Get Free Report) saw unusually-high trading volume on Friday. Approximately 783,138 shares traded hands during mid-day trading, an increase of 204% from the previous session’s volume of 257,895 shares. The stock last traded at $55.37 and had previously closed at $55.05.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The company has a market cap of $4.17 billion, a P/E ratio of 9.40 and a beta of 0.56. The stock has a fifty day moving average price of $55.54 and a two-hundred day moving average price of $53.95.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several institutional investors have recently modified their holdings of the business. Breakwater Capital Group lifted its stake in WisdomTree Emerging Markets High Dividend Fund by 9.8% in the third quarter. Breakwater Capital Group now owns 4,877 shares of the company’s stock valued at $270,000 after purchasing an additional 435 shares during the last quarter. Stonebridge Wealth Management LLC lifted its holdings in WisdomTree Emerging Markets High Dividend Fund by 0.8% during the third quarter. Stonebridge Wealth Management LLC now owns 96,845 shares of the company’s stock valued at $5,357,000 after purchasing an additional 757 shares during the last quarter. Canandaigua National Trust Co of Florida purchased a new stake in shares of WisdomTree Emerging Markets High Dividend Fund during the 3rd quarter valued at approximately $2,240,000. Canandaigua National Bank & Trust Co. grew its stake in WisdomTree Emerging Markets High Dividend Fund by 0.9% in the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 273,163 shares of the company’s stock valued at $15,109,000 after buying an additional 2,319 shares in the last quarter. Finally, Investors Research Corp lifted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 9.3% during the third quarter. Investors Research Corp now owns 96,781 shares of the company’s stock worth $5,353,000 after acquiring an additional 8,203 shares in the last quarter. 58.33% of the stock is owned by institutional investors.

WisdomTree Emerging Markets High Dividend Fund Company Profile

(Get Free Report)

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.

Read More