WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sets New 52-Week High at $82.07

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $82.07 and last traded at $81.98, with a volume of 41796 shares traded. The stock had previously closed at $81.72.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

The company has a market cap of $14.06 billion, a price-to-earnings ratio of 24.83 and a beta of 0.88. The firm has a fifty day simple moving average of $79.85 and a 200 day simple moving average of $77.21.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 29th. Investors of record on Tuesday, August 27th were paid a $0.105 dividend. The ex-dividend date was Tuesday, August 27th. This is a positive change from WisdomTree U.S. Quality Dividend Growth Fund’s previous monthly dividend of $0.06. This represents a $1.26 dividend on an annualized basis and a yield of 1.54%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Brown Advisory Inc. grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 0.6% in the fourth quarter. Brown Advisory Inc. now owns 38,474 shares of the company’s stock worth $2,704,000 after acquiring an additional 248 shares during the last quarter. UBS Group AG grew its position in WisdomTree U.S. Quality Dividend Growth Fund by 19.2% in the 4th quarter. UBS Group AG now owns 2,361,213 shares of the company’s stock worth $165,946,000 after purchasing an additional 380,946 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,240,378 shares of the company’s stock worth $87,174,000 after purchasing an additional 13,305 shares during the period. Sachetta LLC bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter worth about $35,000. Finally, D.A. Davidson & CO. raised its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 2.2% during the fourth quarter. D.A. Davidson & CO. now owns 180,149 shares of the company’s stock valued at $12,661,000 after buying an additional 3,830 shares during the last quarter.

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.