WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $54.05 and traded as high as $54.52. WisdomTree U.S. MidCap Dividend Fund shares last traded at $54.17, with a volume of 131,566 shares.

WisdomTree U.S. MidCap Dividend Fund Trading Down 0.5%

The stock’s 50-day moving average is $54.05 and its 200-day moving average is $52.74. The stock has a market cap of $3.83 billion, a P/E ratio of 15.04 and a beta of 0.89.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. grew its position in shares of WisdomTree U.S. MidCap Dividend Fund by 0.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 275,013 shares of the company’s stock worth $14,191,000 after buying an additional 1,183 shares during the period. World Investment Advisors lifted its stake in WisdomTree U.S. MidCap Dividend Fund by 5.4% in the fourth quarter. World Investment Advisors now owns 8,605 shares of the company’s stock valued at $444,000 after acquiring an additional 442 shares during the last quarter. Farmers National Bank lifted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 1.2% during the 4th quarter. Farmers National Bank now owns 41,713 shares of the company’s stock worth $2,152,000 after buying an additional 478 shares during the last quarter. Corient Private Wealth LLC raised its holdings in WisdomTree U.S. MidCap Dividend Fund by 388.2% in the 4th quarter. Corient Private Wealth LLC now owns 177,506 shares of the company’s stock valued at $9,222,000 after acquiring an additional 141,144 shares in the last quarter. Finally, Bayban acquired a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth $25,000.

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. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.