WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Shares Down 0.4% – Here’s What Happened

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES)’s stock price traded down 0.4% on Friday . The company traded as low as GBX 36.51 ($0.47) and last traded at GBX 36.65 ($0.47). 117,068 shares changed hands during trading, a decline of 14% from the average session volume of 135,692 shares. The stock had previously closed at GBX 36.79 ($0.47).

WisdomTree U.S. SmallCap Dividend Fund Price Performance

The firm has a market capitalization of £22.09 million, a PE ratio of 9.39 and a beta of 1.08. The company’s fifty day simple moving average is GBX 35.44 and its 200-day simple moving average is GBX 33.58.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Dividend Fund

Institutional investors have recently bought and sold shares of the company. World Investment Advisors LLC purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund in the third quarter valued at approximately $865,000. M&T Bank Corp boosted its stake in WisdomTree U.S. SmallCap Dividend Fund by 1.6% during the 3rd quarter. M&T Bank Corp now owns 1,207,541 shares of the company’s stock worth $41,648,000 after purchasing an additional 18,577 shares during the last quarter. SGL Investment Advisors Inc. purchased a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the third quarter worth $477,000. Stifel Financial Corp lifted its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 115.3% in the third quarter. Stifel Financial Corp now owns 476,329 shares of the company’s stock worth $16,429,000 after buying an additional 255,042 shares in the last quarter. Finally, Kiely Wealth Advisory Group Inc. acquired a new position in WisdomTree U.S. SmallCap Dividend Fund during the third quarter worth about $165,000.

About WisdomTree U.S. SmallCap Dividend Fund

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market.