WisdomTree Total U.S. Dividend Fund Achieves New 52-Week Record
On Wednesday, shareholders of the WisdomTree Total U.S. Dividend Fund (NYSEARCA:DTD) witnessed their investment attain a noteworthy milestone, as the fund's shares soared to a new 52-week zenith. The peak trading value recorded was $65.58, while settling slightly lower at $65.52, during a session that experienced a trade volume of 7,134 shares. Before reaching this new high, the stock concluded the previous trading day at $65.48.
WisdomTree Total U.S. Dividend Fund Stock Up 0.7 %
Currently, the fund boasts a market capitalization standing at $1.14 billion, coupled with a price-to-earnings (PE) ratio of 13.56, and a beta of 0.91. These financial metrics underscore a stable investment holding, as indicated by the fund's 50-day moving average of $61.51 and its 200-day moving average being closely-tied at $61.79.
Institutional Investors Weigh In On WisdomTree Total U.S. Dividend Fund
In a reflection of the fund's growth and stability, institutional investors have adjusted their stakes in DTD. Notable movements include the Bank of New York Mellon Corp's substantial stake increase by 125.9% during the first quarter, culminating in the ownership of 52,255 shares valued at approximately $3,374,000, after adding 29,121 more shares. Similarly, Private Advisory Group LLC enhanced its stake by 15.2%, holding 4,821 shares worth roughly $311,000 subsequent to acquiring an additional 637 shares. Nations Financial Group Inc. IA ADV initiated a brand new position with shares valued near $216,000. Atria Wealth Solutions Inc. entered a new investment worth close to $515,000. Lastly, Beacon Pointe Advisors LLC embarked on a fresh investment valued at around $325,000.
WisdomTree Total U.S. Dividend Fund Company Profile
The WisdomTree U.S. Total Dividend Fund (DTD) is more than a simple investment vehicle; it represents an exchange-traded fund founded upon the WisdomTree Dividend index. DTD has a strategic focus on monitoring an array of U.S. companies handpicked and weighted in accordance to the sum of dividends they dispense. Having been launched on June 16, 2006, DTD is under the stewardship of WisdomTree.
WisdomTree, Dividend, Stocks