WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Sees Large Volume Increase – Should You Buy?

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) shares saw strong trading volume on Wednesday . Approximately 37,803 shares changed hands during mid-day trading, an increase of 59% from the previous session’s volume of 23,787 shares.The stock last traded at $96.4040 and had previously closed at $96.54.

WisdomTree U.S. Total Dividend Fund Trading Down 0.5%

The firm’s 50 day simple moving average is $96.00 and its 200-day simple moving average is $92.24. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 19.40 and a beta of 0.76.

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

Several institutional investors and hedge funds have recently modified their holdings of DTD. Morgan Stanley boosted its position in shares of WisdomTree U.S. Total Dividend Fund by 4.7% in the fourth quarter. Morgan Stanley now owns 1,162,988 shares of the company’s stock valued at $98,714,000 after acquiring an additional 52,594 shares during the period. LPL Financial LLC raised its stake in WisdomTree U.S. Total Dividend Fund by 4.9% in the 4th quarter. LPL Financial LLC now owns 838,532 shares of the company’s stock worth $71,175,000 after purchasing an additional 39,238 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in WisdomTree U.S. Total Dividend Fund by 2.5% in the 4th quarter. Wells Fargo & Company MN now owns 391,869 shares of the company’s stock valued at $33,262,000 after purchasing an additional 9,447 shares during the period. 626 Financial LLC boosted its holdings in WisdomTree U.S. Total Dividend Fund by 1.7% in the 4th quarter. 626 Financial LLC now owns 313,884 shares of the company’s stock valued at $26,642,000 after purchasing an additional 5,328 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of WisdomTree U.S. Total Dividend Fund by 4.9% during the 3rd quarter. Raymond James Financial Inc. now owns 239,778 shares of the company’s stock worth $20,141,000 after purchasing an additional 11,210 shares in the last quarter.

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.