WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Reaches New 1-Year High – Time to Buy?

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW)’s share price hit a new 52-week high on Thursday . The stock traded as high as $85.09 and last traded at $85.02, with a volume of 14758 shares trading hands. The stock had previously closed at $84.67.

WisdomTree U.S. Quality Dividend Growth Fund Stock Up 0.5 %

The stock has a market cap of $15.08 billion, a price-to-earnings ratio of 24.83 and a beta of 0.88. The company’s 50-day moving average is $82.58 and its 200-day moving average is $79.33.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 30th. Shareholders of record on Monday, October 28th were given a $0.075 dividend. The ex-dividend date was Monday, October 28th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Legacy Private Trust Co. lifted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 2.6% during the third quarter. Legacy Private Trust Co. now owns 5,033 shares of the company’s stock worth $419,000 after purchasing an additional 128 shares in the last quarter. Detalus Advisors LLC lifted its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 4.8% during the 2nd quarter. Detalus Advisors LLC now owns 3,169 shares of the company’s stock worth $247,000 after buying an additional 144 shares in the last quarter. Financial Advocates Investment Management boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 1.2% in the 2nd quarter. Financial Advocates Investment Management now owns 12,452 shares of the company’s stock valued at $972,000 after buying an additional 147 shares during the last quarter. Hazlett Burt & Watson Inc. increased its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.2% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 13,983 shares of the company’s stock valued at $1,088,000 after buying an additional 167 shares during the period. Finally, Total Clarity Wealth Management Inc. raised its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3.7% during the second quarter. Total Clarity Wealth Management Inc. now owns 4,948 shares of the company’s stock worth $386,000 after acquiring an additional 177 shares during the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Company Profile

The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks the performance of an index that invests in large- and mid-cap dividend-paying US common stocks with growth characteristics. DGRW was launched on May 22, 2013 and is managed by WisdomTree.