WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Reaches New 12-Month High – What’s Next?

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $97.52 and last traded at $97.4250, with a volume of 3117 shares trading hands. The stock had previously closed at $97.20.

WisdomTree U.S. Total Dividend Fund Price Performance

The stock has a 50-day moving average price of $94.20 and a 200-day moving average price of $90.98. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 19.40 and a beta of 0.76.

Hedge Funds Weigh In On WisdomTree U.S. Total Dividend Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its holdings in WisdomTree U.S. Total Dividend Fund by 0.3% in the 1st quarter. Royal Bank of Canada now owns 63,435 shares of the company’s stock valued at $4,881,000 after acquiring an additional 204 shares during the period. JPMorgan Chase & Co. lifted its holdings in WisdomTree U.S. Total Dividend Fund by 2.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 76,807 shares of the company’s stock worth $6,108,000 after purchasing an additional 2,042 shares during the last quarter. Brown Advisory Inc. lifted its holdings in WisdomTree U.S. Total Dividend Fund by 7.3% during the 2nd quarter. Brown Advisory Inc. now owns 2,942 shares of the company’s stock worth $234,000 after purchasing an additional 200 shares during the last quarter. Cerity Partners LLC boosted its stake in WisdomTree U.S. Total Dividend Fund by 2.3% in the 2nd quarter. Cerity Partners LLC now owns 6,059 shares of the company’s stock valued at $482,000 after purchasing an additional 135 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in WisdomTree U.S. Total Dividend Fund in the 2nd quarter valued at $358,000.

WisdomTree U.S. Total Dividend Fund Company Profile

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.