WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Reaches New 52-Week High – Here’s Why

Shares of WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) reached a new 52-week high during trading on Thursday . The company traded as high as $84.92 and last traded at $84.77, with a volume of 29613 shares changing hands. The stock had previously closed at $84.54.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

The firm’s fifty day simple moving average is $81.87 and its 200 day simple moving average is $78.45. The company has a market capitalization of $14.96 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 disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, September 25th were paid a $0.145 dividend. The ex-dividend date was Wednesday, September 25th.

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

Large investors have recently added to or reduced their stakes in the company. Thrive Wealth Management LLC grew its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 19.5% during the first quarter. Thrive Wealth Management LLC now owns 6,970 shares of the company’s stock valued at $531,000 after buying an additional 1,138 shares in the last quarter. Janiczek Wealth Management LLC grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 132.1% during the 1st quarter. Janiczek Wealth Management LLC now owns 57,770 shares of the company’s stock valued at $4,401,000 after acquiring an additional 32,884 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3.5% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 44,126 shares of the company’s stock valued at $3,362,000 after purchasing an additional 1,500 shares during the period. RMR Wealth Builders lifted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 12.5% in the first quarter. RMR Wealth Builders now owns 9,477 shares of the company’s stock worth $722,000 after purchasing an additional 1,050 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC boosted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.7% during the first quarter. Key Client Fiduciary Advisors LLC now owns 7,587 shares of the company’s stock worth $578,000 after purchasing an additional 408 shares during the period.

About WisdomTree U.S. Quality Dividend Growth Fund

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.