Strong Inflows Boost WisdomTree U.S. MidCap Dividend Fund
Recent Trends Show Notable Growth in ETF Units
In a recent analysis of week-over-week changes in shares outstanding among ETFs, the WisdomTree U.S. MidCap Dividend Fund (Symbol: DON) has emerged as a significant player. The fund saw an inflow of approximately $782.2 million, translating to a 19.7% increase in outstanding units, rising from 73,700,000 to 88,250,000. Today, key holdings in DON include International Paper Co (Symbol: IP), which is down about 0.3%, Packaging Corp of America (Symbol: PKG), slightly up by around 0.3%, and Corebridge Financial Inc (Symbol: CRBG), which has gained about 0.7%. For further details on the fund’s holdings, check the DON Holdings page »
The chart below illustrates the price performance of DON over the past year, compared to its 200-day moving average:
According to the chart, DON’s lowest price in the past 52 weeks was $43.55 per share, while the highest was $55.92. The most recent trading price stands at $53.66. Evaluating the share price against the 200-day moving average offers a valuable technical analysis tool. To learn more about this analysis technique, find out about the 200-day moving average »
Exchange-traded funds (ETFs) function similarly to stocks, but instead of buying ‘shares’, investors buy and sell ‘units’. These units can change based on investor demand: they can be created or destroyed. Each week, we track the changes in shares outstanding to identify ETFs with significant inflows (creation of new units) or outflows (destruction of old units). When new units are created, the ETF must purchase the underlying holdings; conversely, destroying units results in the sale of these holdings. Thus, substantial inflows or outflows can influence the individual stocks within the ETFs.
Click here to discover which 9 other ETFs experienced notable inflows »
Also see:
- MSON Historical Stock Prices
- LCII Stock Predictions
- RDIB YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
