WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Reaches New 1-Year High – Here’s What Happened

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $92.02 and last traded at $91.98, with a volume of 134879 shares traded. The stock had previously closed at $91.56.

WisdomTree U.S. Quality Dividend Growth Fund Stock Up 0.4%

The stock has a market cap of $16.25 billion, a P/E ratio of 22.10 and a beta of 0.85. The firm’s 50 day simple moving average is $90.18 and its two-hundred day simple moving average is $88.64.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were given a dividend of $0.025 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, January 27th.

Hedge Funds Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

A number of large investors have recently bought and sold shares of DGRW. Lido Advisors LLC grew its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 8,977.2% during the third quarter. Lido Advisors LLC now owns 626,510 shares of the company’s stock valued at $55,734,000 after purchasing an additional 619,608 shares during the last quarter. Bank of America Corp DE boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 5.0% during the 2nd quarter. Bank of America Corp DE now owns 12,422,037 shares of the company’s stock valued at $1,040,221,000 after purchasing an additional 590,243 shares during the period. Envestnet Asset Management Inc. grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 38.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,126,748 shares of the company’s stock worth $178,094,000 after buying an additional 585,942 shares during the last quarter. Ameriprise Financial Inc. increased its position in WisdomTree U.S. Quality Dividend Growth Fund by 8.0% in the second quarter. Ameriprise Financial Inc. now owns 6,940,040 shares of the company’s stock worth $581,078,000 after buying an additional 511,398 shares during the period. Finally, Prime Capital Investment Advisors LLC lifted its stake in WisdomTree U.S. Quality Dividend Growth Fund by 39.0% in the second quarter. Prime Capital Investment Advisors LLC now owns 1,401,381 shares of the company’s stock valued at $117,352,000 after buying an additional 393,077 shares during 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.