WisdomTree International Hedged Quality Dividend Growth Fund (NYSEARCA:IHDG) Reaches New 12-Month High – Here’s Why

WisdomTree International Hedged Quality Dividend Growth Fund (NYSEARCA:IHDG) shares reached a new 52-week high during trading on Friday . The stock traded as high as $48.78 and last traded at $48.78, with a volume of 102098 shares traded. The stock had previously closed at $48.69.

WisdomTree International Hedged Quality Dividend Growth Fund Stock Up 0.2%

The company has a market capitalization of $2.37 billion, a PE ratio of 21.46 and a beta of 0.76. The firm’s 50 day simple moving average is $47.51 and its 200 day simple moving average is $46.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IHDG. Baird Financial Group Inc. grew its position in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 4.5% in the 1st quarter. Baird Financial Group Inc. now owns 461,382 shares of the company’s stock worth $20,024,000 after buying an additional 20,025 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 4.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 29,826 shares of the company’s stock valued at $1,294,000 after buying an additional 1,263 shares during the period. NewEdge Advisors LLC grew its stake in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 4.3% during the 1st quarter. NewEdge Advisors LLC now owns 96,555 shares of the company’s stock worth $4,190,000 after purchasing an additional 3,939 shares during the period. Parallel Advisors LLC raised its position in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 98.7% in the second quarter. Parallel Advisors LLC now owns 11,615 shares of the company’s stock worth $523,000 after acquiring an additional 5,769 shares during the period. Finally, NBC Securities Inc. boosted its position in WisdomTree International Hedged Quality Dividend Growth Fund by 2.7% during the second quarter. NBC Securities Inc. now owns 34,416 shares of the company’s stock worth $1,550,000 after purchasing an additional 916 shares in the last quarter.

About WisdomTree International Hedged Quality Dividend Growth Fund

The WisdomTree International Hedged Quality Dividend Growth Fund (IHDG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of stocks in developed markets outside North America, screened for quality and growth factors. The fund is currency hedged for US investors. IHDG was launched on May 7, 2014 and is managed by WisdomTree.