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

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $83.23 and last traded at $83.16, with a volume of 45863 shares. The stock had previously closed at $83.02.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

The firm has a 50 day simple moving average of $80.97 and a 200 day simple moving average of $78.10. The firm has a market cap of $14.73 billion, a P/E ratio of 24.83 and a beta of 0.88.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, September 25th were paid a dividend of $0.145 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Woodmont Investment Counsel LLC bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the first quarter worth $26,000. Opal Wealth Advisors LLC purchased a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter valued at about $36,000. ZRC Wealth Management LLC bought a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 1st quarter valued at about $36,000. Fairman Group LLC purchased a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the second quarter worth about $39,000. Finally, Concourse Financial Group Securities Inc. increased its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 751.7% in the second quarter. Concourse Financial Group Securities Inc. now owns 511 shares of the company’s stock worth $40,000 after purchasing an additional 451 shares during 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.