WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sets New 1-Year High - Should You Buy?

Key Points

• New 52-week high: WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) traded as high as $94.08 on Friday and last at $93.96, rising about 1.3% on a volume of 323,526 shares.
• Fund profile & metrics: DGRW has a market cap of $16.47 billion, a P/E of 22.10 and a beta of 0.83, with 50- and 200-day moving averages near $90.72 and $90.03, and it tracks large- and mid-cap U.S. dividend-growth stocks.
• Several institutional investors made modest purchases or increased stakes recently, but reported transactions were relatively small (mostly tens of thousands of dollars).

Shares of WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - ) hit a new 52-week high during trading on Friday . The stock traded as high as $94.08 and last traded at $93.9580, with a volume of 323526 shares. The stock had previously closed at $92.82.

WisdomTree U.S. Quality Dividend Growth Fund Trading Up 1.3%

The firm's fifty day moving average price is $90.72 and its 200 day moving average price is $90.03. The stock has a market capitalization of $16.47 billion, a price-to-earnings ratio of 22.10 and a beta of 0.83.

Institutional Investors Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

Large investors have recently added to or reduced their stakes in the business. Palisade Asset Management LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 3rd quarter worth approximately $27,000. Assetmark Inc. increased its stake in WisdomTree U.S. Quality Dividend Growth Fund by 1,243.3% during the 3rd quarter. Assetmark Inc. now owns 403 shares of the company's stock worth $36,000 after buying an additional 373 shares during the period. Optima Capital LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter worth approximately $37,000. Stone House Investment Management LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter worth approximately $43,000. Finally, Sound Income Strategies LLC increased its stake in WisdomTree U.S. Quality Dividend Growth Fund by 235.7% during the 4th quarter. Sound Income Strategies LLC now owns 480 shares of the company's stock worth $44,000 after buying an additional 337 shares during the period.

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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