WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Reaches New 1-Year High – Still a Buy?

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $91.89 and last traded at $92.0070, with a volume of 157 shares changing hands. The stock had previously closed at $91.43.

WisdomTree U.S. Total Dividend Fund Trading Down 0.9%

The company has a market capitalization of $1.57 billion, a PE ratio of 19.40 and a beta of 0.78. The firm’s 50-day simple moving average is $88.56 and its 200-day simple moving average is $87.12.

Institutional Investors Weigh In On WisdomTree U.S. Total Dividend Fund

Several large investors have recently added to or reduced their stakes in the stock. Gateway Wealth Partners LLC boosted its position in WisdomTree U.S. Total Dividend Fund by 107.7% in the 1st quarter. Gateway Wealth Partners LLC now owns 22,223 shares of the company’s stock valued at $1,919,000 after buying an additional 11,525 shares during the period. Cetera Investment Advisers boosted its position in WisdomTree U.S. Total Dividend Fund by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 143,467 shares of the company’s stock valued at $12,390,000 after buying an additional 927 shares during the period. Quartz Partners LLC boosted its position in WisdomTree U.S. Total Dividend Fund by 8.1% in the 1st quarter. Quartz Partners LLC now owns 6,055 shares of the company’s stock valued at $523,000 after buying an additional 452 shares during the period. Bank of New York Mellon Corp purchased a new stake in WisdomTree U.S. Total Dividend Fund in the 1st quarter valued at about $222,000. Finally, Geneos Wealth Management Inc. boosted its position in WisdomTree U.S. Total Dividend Fund by 3.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 5,700 shares of the company’s stock valued at $492,000 after buying an additional 200 shares during the period.

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.