WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) to Issue Dividend Increase - $0.32 Per Share

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report) announced a quarterly dividend on Tuesday, June 24th, NASDAQ Dividends reports. Shareholders of record on Wednesday, June 25th will be paid a dividend of 0.315 per share on Friday, June 27th. This represents a $1.26 annualized dividend and a yield of 3.66%. The ex-dividend date of this dividend is Wednesday, June 25th. This is a 200.0% increase from WisdomTree China ex-State-Owned Enterprises Fund's previous quarterly dividend of $0.11.

WisdomTree China ex-State-Owned Enterprises Fund Trading Down 0.9%

Shares of NASDAQ CXSE traded down $0.30 during trading on Wednesday, reaching $34.46. 4,407 shares of the company traded hands, compared to its average volume of 34,650. The stock has a market cap of $423.86 million, a P/E ratio of 16.57 and a beta of 0.57. The firm's fifty day simple moving average is $33.21 and its 200 day simple moving average is $32.29. WisdomTree China ex-State-Owned Enterprises Fund has a 12-month low of $25.29 and a 12-month high of $39.71.

Institutional Inflows and Outflows

An institutional investor recently raised its position in WisdomTree China ex-State-Owned Enterprises Fund stock. NewEdge Advisors LLC lifted its position in shares of WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Free Report) by 8.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,214 shares of the company's stock after purchasing an additional 1,610 shares during the quarter. NewEdge Advisors LLC owned 0.17% of WisdomTree China ex-State-Owned Enterprises Fund worth $722,000 as of its most recent SEC filing.

WisdomTree China ex-State-Owned Enterprises Fund Company Profile

The WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Chinese companies that are not state-owned, defined as government ownership of less than 20%. CXSE was launched on Sep 19, 2012 and is managed by WisdomTree.

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