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

Shares of WisdomTree International Hedged Quality Dividend Growth Fund (NYSEARCA:IHDG) hit a new 52-week low on Friday . The stock traded as low as $40.97 and last traded at $40.39, with a volume of 7058 shares changing hands. The stock had previously closed at $41.76.

WisdomTree International Hedged Quality Dividend Growth Fund Price Performance

The stock has a market capitalization of $2.60 billion, a P/E ratio of 21.96 and a beta of 0.78. The firm’s 50 day moving average price is $45.42 and its 200 day moving average price is $44.90.

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

Several institutional investors and hedge funds have recently bought and sold shares of IHDG. Hunter Associates Investment Management LLC increased its stake in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 7.1% during the fourth quarter. Hunter Associates Investment Management LLC now owns 550,288 shares of the company’s stock valued at $23,920,000 after buying an additional 36,536 shares during the period. Baird Financial Group Inc. lifted its holdings in WisdomTree International Hedged Quality Dividend Growth Fund by 12.0% in the fourth quarter. Baird Financial Group Inc. now owns 441,357 shares of the company’s stock worth $19,186,000 after buying an additional 47,462 shares during the period. Greykasell Wealth Strategies Inc. bought a new stake in WisdomTree International Hedged Quality Dividend Growth Fund during the 4th quarter valued at approximately $6,591,000. JPMorgan Chase & Co. grew its holdings in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 44.5% during the 4th quarter. JPMorgan Chase & Co. now owns 116,283 shares of the company’s stock worth $5,055,000 after acquiring an additional 35,821 shares during the period. Finally, GPS Wealth Strategies Group LLC raised its position in shares of WisdomTree International Hedged Quality Dividend Growth Fund by 76.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 96,247 shares of the company’s stock worth $4,184,000 after acquiring an additional 41,556 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.