WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Hits New 1-Year High – Still a Buy?

Shares of WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) reached a new 52-week high on Thursday . The company traded as high as $96.88 and last traded at $96.83, with a volume of 179995 shares changing hands. The stock had previously closed at $96.47.

WisdomTree U.S. Quality Dividend Growth Fund Stock Up 0.2%

The business’s fifty day moving average is $92.51 and its two-hundred day moving average is $91.28. The stock has a market capitalization of $16.99 billion, a PE ratio of 22.10 and a beta of 0.82.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DGRW. Integrated Wealth Concepts LLC grew its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.0% in the first quarter. Integrated Wealth Concepts LLC now owns 7,481 shares of the company’s stock valued at $597,000 after purchasing an additional 355 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 62.0% in the first quarter. Goldman Sachs Group Inc. now owns 124,190 shares of the company’s stock valued at $9,918,000 after purchasing an additional 47,551 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 17.3% in the first quarter. Jane Street Group LLC now owns 37,059 shares of the company’s stock valued at $2,960,000 after purchasing an additional 5,468 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 59.1% in the second quarter. First Trust Advisors LP now owns 41,505 shares of the company’s stock valued at $3,476,000 after purchasing an additional 15,422 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the second quarter valued at $319,000.

WisdomTree U.S. Quality Dividend Growth Fund Company Profile

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.