WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Stock Price Crosses Above Fifty Day Moving Average - Should You Sell?

Key Points

• DGRW shares moved above their 50-day moving average, trading as high as $98.96 and last changing hands at $98.80, up 0.2%. Its 50-day and 200-day averages are $98.76 and $95.02, respectively.
• The ETF has a market capitalization of approximately $17.01 billion, a P/E ratio of 22.10 and a beta of 0.81.
• Several institutional investors increased their positions, including Hamilton Capital, Cetera Investment Advisers and Bouchey Financial Group. DGRW invests in large- and mid-cap U.S. dividend-paying stocks with growth characteristics.

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - ) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $98.76 and traded as high as $98.96. WisdomTree U.S. Quality Dividend Growth Fund shares last traded at $98.80, with a volume of 391,174 shares traded.

WisdomTree U.S. Quality Dividend Growth Fund Stock Up 0.2%

The stock's 50 day moving average price is $98.76 and its 200-day moving average price is $95.02. The stock has a market capitalization of $17.01 billion, a P/E ratio of 22.10 and a beta of 0.81.

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

A number of hedge funds have recently bought and sold shares of DGRW. Hamilton Capital LLC lifted its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 0.6% during the 3rd quarter. Hamilton Capital LLC now owns 7,246,278 shares of the company's stock worth $704,628,000 after purchasing an additional 45,210 shares during the last quarter. Cetera Investment Advisers boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 5.7% during the first quarter. Cetera Investment Advisers now owns 2,589,945 shares of the company's stock valued at $227,501,000 after purchasing an additional 139,133 shares in the last quarter. Bouchey Financial Group Ltd. grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 1.2% in the second quarter. Bouchey Financial Group Ltd. now owns 885,297 shares of the company's stock valued at $84,652,000 after purchasing an additional 10,778 shares during the last quarter. Clearwater Capital Advisors LLC grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 3.4% in the first quarter. Clearwater Capital Advisors LLC now owns 930,174 shares of the company's stock valued at $81,706,000 after purchasing an additional 30,454 shares during the last quarter. Finally, RVW Wealth LLC grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 1.5% in the second quarter. RVW Wealth LLC now owns 842,307 shares of the company's stock valued at $80,541,000 after purchasing an additional 12,345 shares during the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Company Profile

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.

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