Short Interest in WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Grows By 859.3%

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 136,369 shares, a growth of 859.3% from the December 15th total of 14,215 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 536,668 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 536,668 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

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

Several hedge funds and other institutional investors have recently made changes to their positions in DGRW. Focus Financial Network Inc. raised its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 2.7% in the 2nd quarter. Focus Financial Network Inc. now owns 174,262 shares of the company’s stock valued at $14,593,000 after buying an additional 4,532 shares during the last quarter. Gilman Hill Asset Management LLC acquired a new position in WisdomTree U.S. Quality Dividend Growth Fund in the 2nd quarter valued at approximately $220,000. Fermata Advisors LLC raised its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 32.7% during the second quarter. Fermata Advisors LLC now owns 46,144 shares of the company’s stock valued at $3,864,000 after acquiring an additional 11,370 shares during the last quarter. Sarver Vrooman Wealth Advisors raised its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 2.4% during the second quarter. Sarver Vrooman Wealth Advisors now owns 40,383 shares of the company’s stock valued at $3,382,000 after acquiring an additional 962 shares during the last quarter. Finally, Melone Private Wealth LLC lifted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 2.4% during the second quarter. Melone Private Wealth LLC now owns 121,218 shares of the company’s stock worth $10,114,000 after purchasing an additional 2,864 shares during the period.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

DGRW opened at $91.40 on Tuesday. The business’s 50-day simple moving average is $89.43 and its 200 day simple moving average is $88.03. WisdomTree U.S. Quality Dividend Growth Fund has a 52-week low of $69.84 and a 52-week high of $91.50. The firm has a market capitalization of $16.22 billion, a PE ratio of 22.10 and a beta of 0.85.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 30th. Stockholders of record on Tuesday, October 28th were paid a dividend of $0.035 per share. The ex-dividend date was Tuesday, October 28th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%.

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.