WisdomTree Total U.S. Dividend Fund (NYSEARCA:DTD) Sets New 52-Week High – Time to Buy?

WisdomTree Total U.S. Dividend Fund (NYSEARCA:DTD)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $80.58 and last traded at $80.57, with a volume of 4786 shares. The stock had previously closed at $80.17.

WisdomTree Total U.S. Dividend Fund Stock Performance

The stock has a fifty day moving average of $77.80 and a 200 day moving average of $74.22. The company has a market capitalization of $1.39 billion, a P/E ratio of 17.15 and a beta of 0.76.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Bristlecone Advisors LLC purchased a new position in shares of WisdomTree Total U.S. Dividend Fund during the 3rd quarter valued at $33,000. Larson Financial Group LLC boosted its stake in shares of WisdomTree Total U.S. Dividend Fund by 48.5% in the second quarter. Larson Financial Group LLC now owns 459 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of WisdomTree Total U.S. Dividend Fund in the second quarter worth about $44,000. Waverton Investment Management Ltd purchased a new stake in shares of WisdomTree Total U.S. Dividend Fund during the third quarter worth about $205,000. Finally, J.W. Cole Advisors Inc. bought a new stake in WisdomTree Total U.S. Dividend Fund during the 3rd quarter valued at approximately $208,000.

About WisdomTree Total U.S. 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.