WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sees Large Increase in Short Interest

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

Institutional Investors Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

Hedge funds have recently modified their holdings of the business. Woodmont Investment Counsel LLC acquired a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund during the first quarter worth about $26,000. Bogart Wealth LLC acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter valued at approximately $29,000. Opal Wealth Advisors LLC acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter valued at approximately $36,000. ZRC Wealth Management LLC acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter valued at approximately $36,000. Finally, Sachetta LLC acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter valued at approximately $35,000.

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

Shares of NASDAQ DGRW traded down $0.11 during mid-day trading on Friday, reaching $78.05. 813,893 shares of the company’s stock were exchanged, compared to its average volume of 613,375. The firm has a market capitalization of $13.16 billion, a price-to-earnings ratio of 24.83 and a beta of 0.88. The business has a fifty day simple moving average of $76.10 and a 200 day simple moving average of $73.89. WisdomTree U.S. Quality Dividend Growth Fund has a twelve month low of $61.21 and a twelve month high of $79.11.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

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

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.