WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $51.60 and traded as low as $49.41. WisdomTree U.S. MidCap Dividend Fund shares last traded at $50.15, with a volume of 139,569 shares traded.

WisdomTree U.S. MidCap Dividend Fund Stock Up 1.1 %

The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 16.67 and a beta of 1.08. The business’s 50 day simple moving average is $51.50 and its 200 day simple moving average is $51.60.

Hedge Funds Weigh In On WisdomTree U.S. MidCap Dividend Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. OneDigital Investment Advisors LLC grew its stake in WisdomTree U.S. MidCap Dividend Fund by 5.8% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 8,313 shares of the company’s stock valued at $425,000 after buying an additional 458 shares during the last quarter. SouthState Corp lifted its holdings in WisdomTree U.S. MidCap Dividend Fund by 7.7% during the 3rd quarter. SouthState Corp now owns 25,363 shares of the company’s stock worth $1,297,000 after purchasing an additional 1,815 shares during the last quarter. MWA Asset Management bought a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the third quarter valued at about $208,000. BIP Wealth LLC grew its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 9.6% in the third quarter. BIP Wealth LLC now owns 55,330 shares of the company’s stock valued at $2,829,000 after acquiring an additional 4,857 shares in the last quarter. Finally, Huntington National Bank increased its position in WisdomTree U.S. MidCap Dividend Fund by 2.0% during the third quarter. Huntington National Bank now owns 330,251 shares of the company’s stock worth $16,886,000 after acquiring an additional 6,561 shares during the period.

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.