WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Sees Unusually-High Trading Volume – Still a Buy?

Shares of WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) saw strong trading volume on Friday . 44,918 shares traded hands during trading, an increase of 50% from the previous session’s volume of 29,975 shares.The stock last traded at $90.16 and had previously closed at $90.03.

WisdomTree U.S. Total Dividend Fund Price Performance

The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 19.40 and a beta of 0.83. The stock’s 50 day simple moving average is $87.29 and its 200-day simple moving average is $84.80.

WisdomTree U.S. Total Dividend Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were issued a $0.065 dividend. The ex-dividend date was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 0.9%.

Hedge Funds Weigh In On WisdomTree U.S. Total Dividend Fund

Several institutional investors have recently bought and sold shares of the stock. BOK Financial Private Wealth Inc. boosted its stake in shares of WisdomTree U.S. Total Dividend Fund by 62.9% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 697 shares of the company’s stock worth $55,000 after acquiring an additional 269 shares in the last quarter. Glen Eagle Advisors LLC lifted its holdings in WisdomTree U.S. Total Dividend Fund by 142.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 682 shares of the company’s stock worth $58,000 after purchasing an additional 401 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in WisdomTree U.S. Total Dividend Fund in the 3rd quarter worth approximately $71,000. Asset Dedication LLC bought a new stake in WisdomTree U.S. Total Dividend Fund during the second quarter worth approximately $73,000. Finally, Flagship Harbor Advisors LLC bought a new stake in WisdomTree U.S. Total Dividend Fund during the fourth quarter worth approximately $92,000.

About WisdomTree U.S. Total Dividend Fund

The WisdomTree U.S. Total Dividend Fund (DTD) is an exchange-traded fund that is based on the WisdomTree Dividend index. The fund tracks an index of US companies selected and weighted based on the dollar amount of dividends paid. DTD was launched on Jun 16, 2006 and is managed by WisdomTree.