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

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $98.25 and last traded at $97.8890, with a volume of 13129 shares. The stock had previously closed at $98.12.

WisdomTree U.S. Total Dividend Fund Price Performance

The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 19.40 and a beta of 0.76. The business has a 50 day simple moving average of $94.58 and a 200-day simple moving average of $91.28.

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

Several institutional investors have recently modified their holdings of the business. Royal Bank of Canada raised its holdings 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 buying an additional 204 shares during the period. JPMorgan Chase & Co. increased its position in shares of WisdomTree U.S. Total Dividend Fund by 2.7% during the second quarter. JPMorgan Chase & Co. now owns 76,807 shares of the company’s stock worth $6,108,000 after acquiring an additional 2,042 shares in the last quarter. Brown Advisory Inc. raised its holdings in shares of WisdomTree U.S. Total Dividend Fund by 7.3% during the second quarter. Brown Advisory Inc. now owns 2,942 shares of the company’s stock worth $234,000 after acquiring an additional 200 shares during the period. Cerity Partners LLC lifted its position in WisdomTree U.S. Total Dividend Fund by 2.3% in the 2nd quarter. Cerity Partners LLC now owns 6,059 shares of the company’s stock valued at $482,000 after acquiring an additional 135 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new position in WisdomTree U.S. Total Dividend Fund during the 2nd quarter worth about $358,000.

About WisdomTree U.S. Total Dividend Fund

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.