WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sets New 12-Month High – Here’s Why

Posted by Defense World Staff on Oct 9th, 2024

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $83.23 and last traded at $83.16, with a volume of 45863 shares trading hands. The stock had previously closed at $83.02.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

The business has a 50 day simple moving average of $80.80 and a 200-day simple moving average of $78.02. The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 24.83 and a beta of 0.88.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Wednesday, September 25th were paid a dividend of $0.145 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Trading of WisdomTree U.S. Quality Dividend Growth Fund

Hedge funds have recently made changes to their positions in the company. LM Advisors LLC acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter valued at $414,000. Financial Network Wealth Advisors LLC acquired a new position in WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter valued at about $848,000. SageView Advisory Group LLC boosted its stake in WisdomTree U.S. Quality Dividend Growth Fund by 304.7% during the fourth quarter. SageView Advisory Group LLC now owns 94,630 shares of the company’s stock worth $6,819,000 after buying an additional 71,248 shares during the period. Hobbs Group Advisors LLC acquired a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund during the fourth quarter valued at about $13,977,000. Finally, GLOBALT Investments LLC GA purchased a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter valued at approximately $3,331,000.

About WisdomTree U.S. Quality Dividend Growth Fund

(Get Free Report)

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.