WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Hits New 12-Month High – Still a Buy?

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTDGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $87.00 and last traded at $86.8340, with a volume of 2449 shares trading hands. The stock had previously closed at $86.82.

WisdomTree U.S. Total Dividend Fund Price Performance

The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 19.40 and a beta of 0.83. The company’s fifty day moving average price is $84.80 and its 200-day moving average price is $83.21.

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

Several hedge funds have recently made changes to their positions in DTD. Royal Bank of Canada lifted its position in WisdomTree U.S. Total Dividend Fund by 0.3% during the 1st quarter. Royal Bank of Canada now owns 63,435 shares of the company’s stock worth $4,881,000 after acquiring an additional 204 shares during the period. Melone Private Wealth LLC boosted its position in WisdomTree U.S. Total Dividend Fund by 2.1% in the second quarter. Melone Private Wealth LLC now owns 124,971 shares of the company’s stock valued at $9,874,000 after buying an additional 2,525 shares during the last quarter. Signal Advisors Wealth LLC acquired a new position in WisdomTree U.S. Total Dividend Fund in the 2nd quarter worth approximately $270,000. KMG Fiduciary Partners LLC raised its position in WisdomTree U.S. Total Dividend Fund by 5.3% during the 2nd quarter. KMG Fiduciary Partners LLC now owns 10,783 shares of the company’s stock worth $857,000 after buying an additional 546 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in WisdomTree U.S. Total Dividend Fund by 30.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 22,415 shares of the company’s stock worth $1,814,000 after buying an additional 5,277 shares during the last quarter.

WisdomTree U.S. Total Dividend Fund Company Profile

(Get Free Report)

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.

Further Reading

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