WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Sets New 52-Week High – Time to Buy?

Shares of WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) reached a new 52-week high during trading on Friday . The company traded as high as $92.61 and last traded at $92.8410, with a volume of 272 shares traded. The stock had previously closed at $91.99.

WisdomTree U.S. Total Dividend Fund Trading Up 0.4%

The company has a market capitalization of $1.60 billion, a P/E ratio of 19.40 and a beta of 0.78. The business’s 50-day simple moving average is $88.85 and its 200 day simple moving average is $87.36.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Glen Eagle Advisors LLC boosted its holdings in shares of WisdomTree U.S. Total Dividend Fund by 142.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 682 shares of the company’s stock worth $58,000 after buying an additional 401 shares during the period. Qube Research & Technologies Ltd acquired a new position in shares of WisdomTree U.S. Total Dividend Fund in the third quarter worth about $71,000. Flagship Harbor Advisors LLC acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund during the fourth quarter worth approximately $92,000. Semmax Financial Advisors Inc. acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund during the second quarter worth approximately $97,000. Finally, Empowered Funds LLC acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund during the fourth quarter worth approximately $144,000.

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.