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

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) saw strong trading volume on Friday . 330,440 shares traded hands during trading, a decline of 6% from the previous session’s volume of 350,651 shares.The stock last traded at $48.6270 and had previously closed at $49.52.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

The business’s fifty day simple moving average is $49.96 and its 200 day simple moving average is $47.68. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 9.40 and a beta of 0.62.

WisdomTree Emerging Markets High Dividend Fund Dividend Announcement

The firm also recently announced a special dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.072 per share. The ex-dividend date of this dividend was Wednesday, December 31st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Cheviot Value Management LLC boosted its stake in WisdomTree Emerging Markets High Dividend Fund by 1.9% during the 2nd quarter. Cheviot Value Management LLC now owns 126,142 shares of the company’s stock valued at $5,816,000 after purchasing an additional 2,332 shares in the last quarter. Gateway Wealth Partners LLC raised its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 24.1% in the 2nd quarter. Gateway Wealth Partners LLC now owns 9,337 shares of the company’s stock worth $423,000 after buying an additional 1,814 shares in the last quarter. Beacon Pointe Advisors LLC raised its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 12.6% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 15,316 shares of the company’s stock worth $694,000 after buying an additional 1,714 shares in the last quarter. M&T Bank Corp raised its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 0.3% in the 2nd quarter. M&T Bank Corp now owns 271,359 shares of the company’s stock worth $12,290,000 after buying an additional 793 shares in the last quarter. Finally, Smith Moore & CO. acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the second quarter valued at $215,000. Hedge funds and other institutional investors own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

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.