WisdomTree International Hedged Quality Dividend Growth Fund (NYSEARCA:IHDG) Hits New 1-Year High – Here’s Why

Shares of WisdomTree International Hedged Quality Dividend Growth Fund (NYSEARCA:IHDG) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $52.01 and last traded at $51.9750, with a volume of 14274 shares trading hands. The stock had previously closed at $51.81.

WisdomTree International Hedged Quality Dividend Growth Fund Price Performance

The stock’s fifty day moving average price is $50.38 and its 200-day moving average price is $49.73. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 21.46 and a beta of 0.73.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IHDG. Indiana Trust & Investment Management Co purchased a new position in WisdomTree International Hedged Quality Dividend Growth Fund during the first quarter valued at approximately $29,000. North Star Investment Management Corp. purchased a new position in WisdomTree International Hedged Quality Dividend Growth Fund during the fourth quarter valued at approximately $30,000. Root Financial Partners LLC purchased a new position in WisdomTree International Hedged Quality Dividend Growth Fund during the first quarter valued at approximately $63,000. Garton & Associates Financial Advisors LLC purchased a new position in WisdomTree International Hedged Quality Dividend Growth Fund during the fourth quarter valued at approximately $180,000. Finally, Farther Finance Advisors LLC grew its position in WisdomTree International Hedged Quality Dividend Growth Fund by 444.0% during the fourth quarter. Farther Finance Advisors LLC now owns 4,526 shares of the company’s stock valued at $220,000 after purchasing an additional 3,694 shares in the last quarter.

About WisdomTree International Hedged Quality Dividend Growth Fund

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.