WisdomTree International Hedged Quality Dividend Growth Fund (NYSEARCA:IHDG) Sets New 12-Month High – Here’s Why

WisdomTree International Hedged Quality Dividend Growth Fund (NYSEARCA:IHDG) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $51.00 and last traded at $50.95, with a volume of 5661 shares trading hands. The stock had previously closed at $50.83.

WisdomTree International Hedged Quality Dividend Growth Fund Price Performance

The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 21.46 and a beta of 0.76. The stock has a 50-day moving average price of $48.24 and a 200 day moving average price of $46.63.

Institutional Investors Weigh In On WisdomTree International Hedged Quality Dividend Growth Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its holdings in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 98.7% in the second quarter. Parallel Advisors LLC now owns 11,615 shares of the company’s stock valued at $523,000 after acquiring an additional 5,769 shares during the period. Pinnacle Bancorp Inc. grew its position in WisdomTree International Hedged Quality Dividend Growth Fund by 50.0% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 3,000 shares of the company’s stock worth $135,000 after purchasing an additional 1,000 shares during the last quarter. Exchange Capital Management Inc. increased its position in WisdomTree International Hedged Quality Dividend Growth Fund by 14.7% in the 2nd quarter. Exchange Capital Management Inc. now owns 77,675 shares of the company’s stock valued at $3,499,000 after acquiring an additional 9,942 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 20.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 138,769 shares of the company’s stock valued at $6,252,000 after purchasing an additional 23,812 shares during the period. Finally, Western Wealth Management LLC increased its stake in WisdomTree International Hedged Quality Dividend Growth Fund by 23.9% in the 2nd quarter. Western Wealth Management LLC now owns 40,534 shares of the company’s stock valued at $1,826,000 after buying an additional 7,808 shares during the period.

WisdomTree International Hedged Quality Dividend Growth Fund Company Profile

The WisdomTree International Hedged Quality Dividend Growth Fund (IHDG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of stocks in developed markets outside North America, screened for quality and growth factors. The fund is currency hedged for US investors. IHDG was launched on May 7, 2014 and is managed by WisdomTree.