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

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) reached a new 52-week high during trading on Tuesday . The company traded as high as $87.51 and last traded at $87.3690, with a volume of 36480 shares trading hands. The stock had previously closed at $87.36.

WisdomTree U.S. Total Dividend Fund Price Performance

The firm’s fifty day moving average is $85.74 and its two-hundred day moving average is $83.78. The firm has a market capitalization of $1.51 billion, a PE ratio of 19.40 and a beta of 0.83.

WisdomTree U.S. Total Dividend Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th will be given a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, January 27th. This represents a c) annualized dividend and a yield of 0.9%.

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

A number of hedge funds have recently made changes to their positions in DTD. Sanctuary Advisors LLC lifted its holdings in WisdomTree U.S. Total Dividend Fund by 5.5% during the fourth quarter. Sanctuary Advisors LLC now owns 68,751 shares of the company’s stock valued at $5,836,000 after purchasing an additional 3,574 shares during the last quarter. Breachway Investments LLC bought a new position in shares of WisdomTree U.S. Total Dividend Fund in the fourth quarter worth $517,000. DSG Capital Advisors LLC purchased a new position in shares of WisdomTree U.S. Total Dividend Fund in the fourth quarter valued at $879,000. Institute for Wealth Management LLC. grew its position in shares of WisdomTree U.S. Total Dividend Fund by 2.1% in the fourth quarter. Institute for Wealth Management LLC. now owns 11,478 shares of the company’s stock valued at $974,000 after purchasing an additional 236 shares in the last quarter. Finally, Merit Financial Group LLC lifted its holdings in WisdomTree U.S. Total Dividend Fund by 5.4% during the 4th quarter. Merit Financial Group LLC now owns 39,419 shares of the company’s stock worth $3,346,000 after purchasing an additional 2,026 shares in the last quarter.

WisdomTree U.S. Total 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.