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

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) shares reached a new 52-week high on Friday . The stock traded as high as $91.00 and last traded at $90.8850, with a volume of 151862 shares trading hands. The stock had previously closed at $90.60.

WisdomTree U.S. Quality Dividend Growth Fund Trading Up 0.4%

The firm’s fifty day moving average price is $89.33 and its 200-day moving average price is $87.83. The company has a market cap of $16.18 billion, a P/E ratio of 22.10 and a beta of 0.85.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 30th. Shareholders of record on Tuesday, October 28th were issued a $0.035 dividend. The ex-dividend date of this dividend was Tuesday, October 28th. This represents a c) annualized dividend and a yield of 0.5%.

Institutional Trading of WisdomTree U.S. Quality Dividend Growth Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dynamic Advisor Solutions LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 9.8% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 53,554 shares of the company’s stock valued at $4,789,000 after buying an additional 4,777 shares in the last quarter. Choice Wealth Advisors LLC raised its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 0.3% in the fourth quarter. Choice Wealth Advisors LLC now owns 322,617 shares of the company’s stock valued at $28,852,000 after acquiring an additional 897 shares during the last quarter. Impact Capital Partners LLC raised its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 135.0% in the fourth quarter. Impact Capital Partners LLC now owns 9,697 shares of the company’s stock valued at $867,000 after acquiring an additional 5,570 shares during the last quarter. Fragasso Financial Advisors Inc boosted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3.7% in the 4th quarter. Fragasso Financial Advisors Inc now owns 27,149 shares of the company’s stock worth $2,428,000 after acquiring an additional 959 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.1% in the 4th quarter. Park Avenue Securities LLC now owns 57,546 shares of the company’s stock worth $5,146,000 after acquiring an additional 2,800 shares in the last quarter.

About WisdomTree U.S. Quality Dividend Growth Fund

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.