WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Short Interest Update

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 302,400 shares, a growth of 131.7% from the May 31st total of 130,500 shares. Based on an average daily volume of 539,900 shares, the short-interest ratio is currently 0.6 days.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

Shares of WisdomTree U.S. Quality Dividend Growth Fund stock traded down $0.11 during trading on Friday, reaching $78.05. The company’s stock had a trading volume of 813,882 shares, compared to its average volume of 613,375. The business’s fifty day moving average price is $76.10 and its 200-day moving average price is $73.86. The firm has a market cap of $13.16 billion, a price-to-earnings ratio of 24.83 and a beta of 0.88. WisdomTree U.S. Quality Dividend Growth Fund has a one year low of $61.21 and a one year high of $79.11.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 27th. Stockholders of record on Tuesday, June 25th were paid a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, June 25th. This is a positive change from WisdomTree U.S. Quality Dividend Growth Fund’s previous dividend of $0.07.

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

A number of institutional investors have recently made changes to their positions in DGRW. Morgan Stanley increased its stake in WisdomTree U.S. Quality Dividend Growth Fund by 2.7% during the third quarter. Morgan Stanley now owns 6,213,943 shares of the company’s stock valued at $394,523,000 after acquiring an additional 162,792 shares during the period. Ameriprise Financial Inc. increased its stake in WisdomTree U.S. Quality Dividend Growth Fund by 10.2% during the third quarter. Ameriprise Financial Inc. now owns 5,154,085 shares of the company’s stock valued at $327,065,000 after acquiring an additional 478,498 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in WisdomTree U.S. Quality Dividend Growth Fund by 7.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 3,679,722 shares of the company’s stock valued at $258,611,000 after acquiring an additional 254,238 shares during the period. UBS Group AG increased its stake in WisdomTree U.S. Quality Dividend Growth Fund by 19.2% during the fourth quarter. UBS Group AG now owns 2,361,213 shares of the company’s stock valued at $165,946,000 after acquiring an additional 380,946 shares during the period. Finally, Cetera Investment Advisers increased its stake in WisdomTree U.S. Quality Dividend Growth Fund by 176.7% during the first quarter. Cetera Investment Advisers now owns 1,825,968 shares of the company’s stock valued at $139,121,000 after acquiring an additional 1,166,061 shares during the period.

WisdomTree U.S. Quality Dividend Growth Fund Company Profile

The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks the performance of an index that invests in large- and mid-cap dividend-paying US common stocks with growth characteristics. DGRW was launched on May 22, 2013 and is managed by WisdomTree.