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

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 352,500 shares, an increase of 8.9% from the September 30th total of 323,700 shares. Based on an average daily trading volume, of 512,200 shares, the short-interest ratio is currently 0.7 days.

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

Institutional investors have recently made changes to their positions in the company. Diversify Advisory Services LLC bought a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the first quarter valued at about $847,000. Mission Wealth Management LP bought a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the first quarter valued at about $833,000. Hardy Reed LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 3.8% during the first quarter. Hardy Reed LLC now owns 8,927 shares of the company’s stock valued at $680,000 after purchasing an additional 325 shares in the last quarter. Moloney Securities Asset Management LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 11.8% during the first quarter. Moloney Securities Asset Management LLC now owns 78,432 shares of the company’s stock valued at $5,976,000 after purchasing an additional 8,294 shares in the last quarter. Finally, Darrow Company Inc. boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 718.1% during the first quarter. Darrow Company Inc. now owns 64,847 shares of the company’s stock valued at $4,941,000 after purchasing an additional 56,920 shares in the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Trading Down 0.1 %

Shares of WisdomTree U.S. Quality Dividend Growth Fund stock traded down $0.07 during trading on Wednesday, hitting $83.30. 414,193 shares of the stock traded hands, compared to its average volume of 566,431. The firm has a market cap of $14.76 billion, a P/E ratio of 24.83 and a beta of 0.88. WisdomTree U.S. Quality Dividend Growth Fund has a 52-week low of $61.97 and a 52-week high of $84.96. The stock’s fifty day simple moving average is $82.40 and its 200 day simple moving average is $78.95.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, October 30th. Stockholders of record on Monday, October 28th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Monday, October 28th.

About WisdomTree U.S. Quality Dividend Growth Fund

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.