WisdomTree Total U.S. Dividend Fund (NYSEARCA:DTD) Sets New 12-Month High – Should You Buy?

Shares of WisdomTree Total U.S. Dividend Fund (NYSEARCA:DTD) hit a new 52-week high during trading on Friday . The company traded as high as $79.82 and last traded at $79.82, with a volume of 2578 shares traded. The stock had previously closed at $79.33.

WisdomTree Total U.S. Dividend Fund Price Performance

The stock’s 50-day moving average price is $77.35 and its 200 day moving average price is $73.82. The firm has a market cap of $1.38 billion, a P/E ratio of 17.15 and a beta of 0.76.

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

Institutional investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its holdings in WisdomTree Total U.S. Dividend Fund by 48.5% during the second quarter. Larson Financial Group LLC now owns 459 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the last quarter. Bristlecone Advisors LLC acquired a new position in WisdomTree Total U.S. Dividend Fund during the third quarter worth $33,000. Ashton Thomas Private Wealth LLC acquired a new position in WisdomTree Total U.S. Dividend Fund during the second quarter worth $44,000. Waverton Investment Management Ltd acquired a new position in WisdomTree Total U.S. Dividend Fund during the third quarter worth $205,000. Finally, J.W. Cole Advisors Inc. acquired a new position in WisdomTree Total U.S. Dividend Fund during the third quarter worth $208,000.

WisdomTree Total U.S. Dividend Fund Company Profile

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.