WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Reaches New 12-Month High – Time to Buy?

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD)’s share price hit a new 52-week high on Wednesday . The company traded as high as $85.26 and last traded at $85.2750, with a volume of 14104 shares traded. The stock had previously closed at $84.60.

WisdomTree U.S. Total Dividend Fund Trading Up 0.8%

The stock has a market capitalization of $1.47 billion, a P/E ratio of 19.40 and a beta of 0.83. The company has a 50-day moving average price of $83.80 and a two-hundred day moving average price of $81.59.

Hedge Funds Weigh In On WisdomTree U.S. Total Dividend Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Ameritas Advisory Services LLC acquired a new position in shares of WisdomTree U.S. Total Dividend Fund during the 2nd quarter valued at $25,000. Maseco LLP bought a new stake in WisdomTree U.S. Total Dividend Fund in the second quarter valued at $44,000. BOK Financial Private Wealth Inc. raised its holdings in shares of WisdomTree U.S. Total Dividend Fund by 62.9% during the second quarter. BOK Financial Private Wealth Inc. now owns 697 shares of the company’s stock valued at $55,000 after purchasing an additional 269 shares during the period. Qube Research & Technologies Ltd bought a new position in WisdomTree U.S. Total Dividend Fund in the third quarter worth approximately $71,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of WisdomTree U.S. Total Dividend Fund during the second quarter worth approximately $72,000.

About WisdomTree U.S. Total Dividend Fund

The WisdomTree U.S. Total Dividend Fund (DTD) is an exchange-traded fund that is based on the WisdomTree Dividend index. The fund tracks an index of US companies selected and weighted based on the dollar amount of dividends paid. DTD was launched on Jun 16, 2006 and is managed by WisdomTree.