WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sets New 12-Month High - Here's What Happened

Key Points

• The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) reached a new 52-week high at $89.58 during trading, closing at $89.45.
• Large investors have been actively buying into DGRW, with several firms purchasing new positions or significantly increasing their stakes in the fund recently.
• The fund primarily invests in large- and mid-cap dividend-paying US common stocks with growth characteristics and has a current market capitalization of $16.38 billion.

Shares of WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - ) reached a new 52-week high during trading on Friday . The company traded as high as $89.58 and last traded at $89.45, with a volume of 279038 shares trading hands. The stock had previously closed at $89.11.

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

The business's 50-day moving average price is $87.48 and its 200 day moving average price is $82.87. The company has a market capitalization of $16.38 billion, a P/E ratio of 22.10 and a beta of 0.88.

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

Large investors have recently modified their holdings of the company. Bfsg LLC bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the first quarter valued at approximately $25,000. SouthState Corp bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the first quarter valued at approximately $27,000. AlphaCore Capital LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the first quarter valued at approximately $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 valued at $35,000 after purchasing an additional 340 shares in the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the first quarter valued at approximately $37,000.

About WisdomTree U.S. Quality Dividend Growth Fund

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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