WisdomTree Total U.S. Dividend Fund (NYSEARCA:DTD) Hits New 1-Year High – Still a Buy?

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

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

The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 17.15 and a beta of 0.76. The company has a fifty day moving average price of $76.21 and a two-hundred day moving average price of $72.92.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its stake in WisdomTree Total U.S. Dividend Fund by 5.5% in the 2nd quarter. LPL Financial LLC now owns 643,324 shares of the company’s stock worth $45,567,000 after buying an additional 33,663 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of WisdomTree Total U.S. Dividend Fund by 2,013.1% during 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 holdings in shares of WisdomTree Total U.S. Dividend Fund by 36.3% during the first quarter. Cetera Advisor Networks LLC now owns 279,348 shares of the company’s stock valued at $19,755,000 after buying an additional 74,369 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in WisdomTree Total U.S. Dividend Fund by 3.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 155,989 shares of the company’s stock valued at $11,049,000 after buying an additional 4,509 shares in the last quarter. Finally, Melone Private Wealth LLC lifted 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 worth $9,042,000 after acquiring an additional 2,146 shares during the period.

About WisdomTree Total U.S. 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.