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

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 65,094 shares, a growth of 192.5% from the August 31st total of 22,258 shares. Based on an average trading volume of 398,293 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Focus Partners Wealth lifted its stake in 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 valued at $121,507,000 after buying an additional 1,316,890 shares during the last quarter. Fifth Third Bancorp grew its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 12,667.4% during the first quarter. Fifth Third Bancorp now owns 856,692 shares of the company’s stock worth $75,252,000 after acquiring an additional 849,982 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 53.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,117,448 shares of the company’s stock valued at $99,933,000 after acquiring an additional 390,882 shares during the period. Resolute Capital LLC acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter valued at $34,705,000. Finally, Stenger Family Office LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter valued at $26,978,000.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

Shares of DGRW traded up $0.37 during midday trading on Friday, reaching $98.49. 501,595 shares of the stock were exchanged, compared to its average volume of 773,003. The business’s 50-day moving average price is $98.40 and its 200 day moving average price is $95.31. WisdomTree U.S. Quality Dividend Growth Fund has a twelve month low of $85.37 and a twelve month high of $100.59. The company has a market capitalization of $17.05 billion, a price-to-earnings ratio of 22.10 and a beta of 0.82.

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.