WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Share Price Passes Below 200-Day Moving Average – What’s Next?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $51.64 and traded as low as $49.27. WisdomTree U.S. MidCap Dividend Fund shares last traded at $50.22, with a volume of 132,287 shares traded.

WisdomTree U.S. MidCap Dividend Fund Price Performance

The company has a 50 day moving average price of $50.84 and a 200 day moving average price of $51.64. The firm has a market cap of $3.68 billion, a PE ratio of 16.05 and a beta of 0.93.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $57,864,000. Stonebridge Financial Group LLC purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the fourth quarter valued at $16,538,000. Strategic Financial Concepts LLC boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 4,788.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 324,222 shares of the company’s stock valued at $16,526,000 after acquiring an additional 317,590 shares during the last quarter. Lido Advisors LLC increased its position in WisdomTree U.S. MidCap Dividend Fund by 1,887.9% during the 4th quarter. Lido Advisors LLC now owns 290,157 shares of the company’s stock worth $14,789,000 after purchasing an additional 275,561 shares in the last quarter. Finally, Focus Partners Wealth acquired a new position in WisdomTree U.S. MidCap Dividend Fund in the 4th quarter valued at about $11,649,000.

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.