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

Shares of WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) reached a new 52-week high on Tuesday . The company traded as high as $94.52 and last traded at $94.5950, with a volume of 277 shares. The stock had previously closed at $93.90.

WisdomTree U.S. Total Dividend Fund Stock Performance

The firm’s 50-day moving average price is $92.52 and its two-hundred day moving average price is $89.48. The firm has a market cap of $1.62 billion, a PE ratio of 19.40 and a beta of 0.77.

Institutional Investors Weigh In On WisdomTree U.S. Total Dividend Fund

Several hedge funds and other institutional investors have recently bought and sold shares of DTD. Glen Eagle Advisors LLC boosted its stake in 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 valued at $58,000 after acquiring an additional 401 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund during 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 about $92,000. Semmax Financial Advisors Inc. acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund during the second quarter worth about $97,000. Finally, Empowered Funds LLC purchased a new stake in shares of WisdomTree U.S. Total Dividend Fund in the 4th quarter valued at about $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.