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WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Reaches New 52-Week High - Should You Buy?

WisdomTree U.S. Quality Dividend Growth Fund logo with Manufacturing background

Key Points

  • The WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) reached a new 52-week high of $89.36, reflecting a positive trading day with a volume of over 1.2 million shares exchanged.
  • The fund recently increased its dividend to $0.175 per share from its previous rate of $0.09, following the dividend distribution to shareholders on June 27th.
  • Institutional investments in DGRW have seen notable increases, with several firms boosting their stakes during the fourth quarter, highlighting growing interest from institutional investors.
  • Five stocks to consider instead of WisdomTree U.S. Quality Dividend Growth Fund.

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as $89.32 and last traded at $89.36, with a volume of 1218041 shares. The stock had previously closed at $89.14.

WisdomTree U.S. Quality Dividend Growth Fund Stock Down 0.1%

The stock's fifty day moving average price is $86.82 and its two-hundred day moving average price is $82.31. The company has a market capitalization of $16.80 billion, a PE ratio of 22.10 and a beta of 0.88.

Hedge Funds Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

Institutional investors have recently bought and sold shares of the stock. Bfsg LLC bought a new position in WisdomTree U.S. Quality Dividend Growth Fund in the first quarter worth about $25,000. SouthState Corp bought a new position in WisdomTree U.S. Quality Dividend Growth Fund in the first quarter worth about $27,000. AlphaCore Capital LLC bought a new position in WisdomTree U.S. Quality Dividend Growth Fund in the first quarter worth about $31,000. GHP Investment Advisors Inc. raised its stake in WisdomTree U.S. Quality Dividend Growth Fund by 340.0% in the first quarter. GHP Investment Advisors Inc. now owns 440 shares of the company's stock worth $35,000 after buying an additional 340 shares in the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in WisdomTree U.S. Quality Dividend Growth Fund in the first quarter worth about $37,000.

WisdomTree U.S. Quality Dividend Growth Fund Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in WisdomTree U.S. Quality Dividend Growth Fund Right Now?

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