WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sets New 52-Week High – What’s Next?

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) hit a new 52-week high on Tuesday . The stock traded as high as $98.10 and last traded at $98.2990, with a volume of 37562 shares changing hands. The stock had previously closed at $97.78.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

The company has a market capitalization of $17.21 billion, a price-to-earnings ratio of 22.10 and a beta of 0.82. The firm has a fifty day moving average price of $96.23 and a 200-day moving average price of $93.52.

Institutional Trading of WisdomTree U.S. Quality Dividend Growth Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Meridian Financial Advisors LLC lifted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 12.0% in the 4th quarter. Meridian Financial Advisors LLC now owns 49,228 shares of the company’s stock worth $4,402,000 after purchasing an additional 5,271 shares during the period. Third View Private Wealth LLC acquired a new position in WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter valued at $336,000. PMG Wealth Management Inc. lifted its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 6.2% in the fourth quarter. PMG Wealth Management Inc. now owns 84,208 shares of the company’s stock valued at $7,531,000 after buying an additional 4,897 shares during the period. Clear Creek Financial Management LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 11.0% during the fourth quarter. Clear Creek Financial Management LLC now owns 46,853 shares of the company’s stock valued at $4,190,000 after acquiring an additional 4,656 shares during the last quarter. Finally, Gilbert Capital Group Inc. acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter worth about $204,000.

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.