WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Stock Crosses Above Fifty Day Moving Average – What’s Next?

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW)’s stock price passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $98.57 and traded as high as $98.99. WisdomTree U.S. Quality Dividend Growth Fund shares last traded at $98.79, with a volume of 436,300 shares changing hands.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

The company has a market cap of $16.97 billion, a price-to-earnings ratio of 22.97 and a beta of 0.81. The company’s 50-day simple moving average is $98.57 and its 200-day simple moving average is $95.43.

Institutional Investors Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

A number of large investors have recently added to or reduced their stakes in DGRW. Hamilton Capital LLC increased its stake in WisdomTree U.S. Quality Dividend Growth Fund by 0.6% during the 3rd quarter. Hamilton Capital LLC now owns 7,246,278 shares of the company’s stock worth $704,628,000 after buying an additional 45,210 shares during the period. HighTower Advisors LLC purchased a new position in WisdomTree U.S. Quality Dividend Growth Fund in the 3rd quarter valued at about $284,578,000. Cetera Investment Advisers grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.7% during the first quarter. Cetera Investment Advisers now owns 2,589,945 shares of the company’s stock valued at $227,501,000 after acquiring an additional 139,133 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.5% in the third quarter. Private Advisor Group LLC now owns 1,231,773 shares of the company’s stock worth $119,777,000 after acquiring an additional 17,851 shares in the last quarter. Finally, Clearwater Capital Advisors LLC lifted its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.9% in the third quarter. Clearwater Capital Advisors LLC now owns 956,379 shares of the company’s stock worth $92,998,000 after acquiring an additional 17,889 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.