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

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD)’s share price reached a new 52-week high on Monday . The stock traded as high as $94.72 and last traded at $94.7550, with a volume of 8831 shares traded. The stock had previously closed at $94.65.

WisdomTree U.S. Total Dividend Fund Stock Performance

The company has a market cap of $1.64 billion, a P/E ratio of 19.40 and a beta of 0.77. The stock has a 50-day moving average of $92.69 and a two-hundred day moving average of $89.61.

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

Institutional investors have recently modified their holdings of the stock. Glen Eagle Advisors LLC raised its position in shares of WisdomTree U.S. Total Dividend Fund by 142.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 682 shares of the company’s stock worth $58,000 after purchasing an additional 401 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in WisdomTree U.S. Total Dividend Fund during the 3rd quarter valued at about $71,000. Flagship Harbor Advisors LLC purchased a new stake in WisdomTree U.S. Total Dividend Fund during the 4th quarter valued at about $92,000. Semmax Financial Advisors Inc. bought a new stake in WisdomTree U.S. Total Dividend Fund during the 2nd quarter valued at about $97,000. Finally, Empowered Funds LLC bought a new stake in WisdomTree U.S. Total Dividend Fund during the 4th quarter valued at about $144,000.

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.