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

WisdomTree Total U.S. Dividend Fund (NYSEARCA:DTD)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $78.96 and last traded at $78.96, with a volume of 3527 shares traded. The stock had previously closed at $76.99.

WisdomTree Total U.S. Dividend Fund Trading Up 2.5 %

The firm has a market capitalization of $1.37 billion, a P/E ratio of 17.15 and a beta of 0.76. The company’s fifty day moving average is $76.21 and its 200-day moving average is $72.92.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. LPL Financial LLC grew its holdings in shares of WisdomTree Total U.S. Dividend Fund by 5.5% during the 2nd quarter. LPL Financial LLC now owns 643,324 shares of the company’s stock worth $45,567,000 after purchasing an additional 33,663 shares in the last quarter. Cetera Investment Advisers increased its stake in WisdomTree Total U.S. Dividend Fund by 2,013.1% in the first quarter. Cetera Investment Advisers now owns 310,356 shares of the company’s stock valued at $21,948,000 after acquiring an additional 295,669 shares during the period. Cetera Advisor Networks LLC raised its position in WisdomTree Total U.S. Dividend Fund by 36.3% in the first quarter. Cetera Advisor Networks LLC now owns 279,348 shares of the company’s stock worth $19,755,000 after purchasing an additional 74,369 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in WisdomTree Total U.S. Dividend Fund by 3.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 155,989 shares of the company’s stock worth $11,049,000 after purchasing an additional 4,509 shares during the period. Finally, Melone Private Wealth LLC grew its stake in shares of WisdomTree Total U.S. Dividend Fund by 1.9% in the 3rd quarter. Melone Private Wealth LLC now owns 117,925 shares of the company’s stock valued at $9,042,000 after purchasing an additional 2,146 shares during the period.

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.