WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Reaches New 12-Month High – Should You Buy?

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRWGet Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $99.00 and last traded at $95.1350, with a volume of 1026 shares changing hands. The stock had previously closed at $95.20.

WisdomTree U.S. Quality Dividend Growth Fund Stock Up 0.3%

The stock has a 50 day simple moving average of $91.10 and a 200 day simple moving average of $90.66. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of 22.10 and a beta of 0.82.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DGRW. Palisade Asset Management LLC acquired a new position in WisdomTree U.S. Quality Dividend Growth Fund during the 3rd quarter valued at approximately $27,000. Assetmark Inc. boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 1,243.3% during the 3rd quarter. Assetmark Inc. now owns 403 shares of the company’s stock valued at $36,000 after purchasing an additional 373 shares during the period. Optima Capital LLC acquired a new position in WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at approximately $37,000. Stone House Investment Management LLC acquired a new position in WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at approximately $43,000. Finally, Sound Income Strategies LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 235.7% during the 4th quarter. Sound Income Strategies LLC now owns 480 shares of the company’s stock valued at $44,000 after purchasing an additional 337 shares during the period.

WisdomTree U.S. Quality Dividend Growth Fund Company Profile

(Get Free Report)

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.

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