Insiders Buy the Holdings of ETF WisdomTree U.S. High Dividend Fund (DHS)

From ETF Channel: A look at the weighted underlying holdings of the WisdomTree U.S. High Dividend Fund (DHS) shows an impressive 16.7% of holdings on a weighted basis have experienced insider buying within the past six months.

General Electric Co (GE), which makes up 1.58% of the WisdomTree U.S. High Dividend Fund (DHS), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $14,882,431 worth of GE, making it the #18 largest holding. The table below details the recent insider buying activity observed at GE:

GE — last trade: $9.20 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
07/24/2018 H. Lawrence Culp Jr. Director 191,000 $13.04 $2,490,640
11/01/2018 H. Lawrence Culp Jr. Chairman and CEO 225,000 $9.73 $2,189,250
11/06/2018 Alexander Dimitrief Senior Vice President 10,000 $9.48 $94,800

And Campbell Soup Co (CPB), the #110 largest holding among components of the WisdomTree U.S. High Dividend Fund (DHS), shows 2 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $1,481,139 worth of CPB, which represents approximately 0.16% of the ETF’s total assets at last check. The recent insider buying activity observed at CPB is detailed in the table below:

CPB — last trade: $38.35 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
06/06/2018 Maria Teresa Hilado Director 2,000 $33.22 $66,431
10/02/2018 Luca Mignini Senior Vice President 5,494 $36.41 $200,037

The WisdomTree U.S. High Dividend Fund (DHS) was trading at $71.69 per share on Thursday morning, down $0.03 (-0.04%). Year-to-date, DHS has declined -0.45%, versus a 5.72% rise in the benchmark S&P 500 index during the same period.

DHS currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #29 of 82 ETFs in the Large Cap Value ETFs category.


This article is brought to you courtesy of ETF Channel.