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

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 255,337 shares, a growth of 142.7% from the June 15th total of 105,214 shares. Based on an average daily trading volume, of 581,139 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

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

Large investors have recently bought and sold shares of the business. Focus Partners Wealth increased its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3,151.0% in the fourth quarter. Focus Partners Wealth now owns 1,358,683 shares of the company’s stock worth $121,507,000 after purchasing an additional 1,316,890 shares during the period. Fifth Third Bancorp lifted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 12,667.4% during the 1st quarter. Fifth Third Bancorp now owns 856,692 shares of the company’s stock worth $75,252,000 after purchasing an additional 849,982 shares during the last quarter. Lido Advisors LLC boosted its stake in WisdomTree U.S. Quality Dividend Growth Fund by 8,977.2% during the 3rd quarter. Lido Advisors LLC now owns 626,510 shares of the company’s stock valued at $55,734,000 after purchasing an additional 619,608 shares during the period. Bank of America Corp DE grew its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 5.0% in the 2nd quarter. Bank of America Corp DE now owns 12,422,037 shares of the company’s stock valued at $1,040,221,000 after buying an additional 590,243 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 8.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,940,040 shares of the company’s stock valued at $581,078,000 after buying an additional 511,398 shares during the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

DGRW traded up $0.47 during midday trading on Wednesday, hitting $96.73. 285,212 shares of the company’s stock traded hands, compared to its average volume of 879,054. The company has a market cap of $16.79 billion, a PE ratio of 22.10 and a beta of 0.82. WisdomTree U.S. Quality Dividend Growth Fund has a one year low of $83.95 and a one year high of $98.00. The stock’s fifty day simple moving average is $95.99 and its 200-day simple moving average is $92.84.

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.