WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Reaches New 1-Year High – What’s Next?

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $100.15 and last traded at $100.1990, with a volume of 369 shares. The stock had previously closed at $100.02.

WisdomTree U.S. Quality Dividend Growth Fund Trading Up 0.1%

The stock has a market capitalization of $17.32 billion, a price-to-earnings ratio of 22.10 and a beta of 0.82. The firm has a 50-day moving average of $96.34 and a 200-day moving average of $93.64.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DGRW. Integrated Wealth Concepts LLC lifted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.0% during the first quarter. Integrated Wealth Concepts LLC now owns 7,481 shares of the company’s stock worth $597,000 after purchasing an additional 355 shares during the period. Goldman Sachs Group Inc. increased its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 62.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 124,190 shares of the company’s stock worth $9,918,000 after buying an additional 47,551 shares during the period. Jane Street Group LLC increased its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 17.3% in the 1st quarter. Jane Street Group LLC now owns 37,059 shares of the company’s stock worth $2,960,000 after buying an additional 5,468 shares during the period. First Trust Advisors LP raised its position in WisdomTree U.S. Quality Dividend Growth Fund by 59.1% during the 2nd quarter. First Trust Advisors LP now owns 41,505 shares of the company’s stock worth $3,476,000 after buying an additional 15,422 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in WisdomTree U.S. Quality Dividend Growth Fund during the 2nd quarter worth approximately $319,000.

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.