WisdomTree Global ex U.S. Quality Dividend Growth Fund (NYSEARCA:DNL) Sees Unusually-High Trading Volume – Still a Buy?

Shares of WisdomTree Global ex U.S. Quality Dividend Growth Fund (NYSEARCA:DNL) saw strong trading volume on Friday . 717,594 shares changed hands during mid-day trading, an increase of 399% from the previous session’s volume of 143,824 shares.The stock last traded at $37.58 and had previously closed at $37.30.

WisdomTree Global ex U.S. Quality Dividend Growth Fund Price Performance

The firm’s fifty day moving average price is $36.81 and its 200-day moving average price is $38.03. The company has a market cap of $614.84 million, a price-to-earnings ratio of 23.24 and a beta of 0.95.

Hedge Funds Weigh In On WisdomTree Global ex U.S. Quality Dividend Growth Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DNL. JPMorgan Chase & Co. raised its position in shares of WisdomTree Global ex U.S. Quality Dividend Growth Fund by 14.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 215,234 shares of the company’s stock worth $8,479,000 after buying an additional 27,304 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in WisdomTree Global ex U.S. Quality Dividend Growth Fund by 2.4% in the third quarter. Integrated Wealth Concepts LLC now owns 31,719 shares of the company’s stock worth $1,250,000 after purchasing an additional 754 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of WisdomTree Global ex U.S. Quality Dividend Growth Fund during the 3rd quarter valued at $1,304,000. BIP Wealth LLC lifted its holdings in shares of WisdomTree Global ex U.S. Quality Dividend Growth Fund by 7.3% in the third quarter. BIP Wealth LLC now owns 245,462 shares of the company’s stock valued at $9,662,000 after buying an additional 16,604 shares during the period. Finally, United Advisor Group LLC boosted its stake in WisdomTree Global ex U.S. Quality Dividend Growth Fund by 2.8% during the third quarter. United Advisor Group LLC now owns 11,793 shares of the company’s stock valued at $465,000 after buying an additional 325 shares in the last quarter.

WisdomTree Global ex U.S. Quality Dividend Growth Fund Company Profile

WisdomTree World ex-U.S. Growth Fund (the Fund), formerly WisdomTree Japan Equity Income Fund, seeks investment results that correspond to the price and yield performance of the WisdomTree World ex-U.S. Growth Index (the Index). The Index is a fundamentally weighted index that measures the performance of growth companies in the developed and emerging markets outside of the United States.