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 large growth in short interest during the month of June. As of June 15th, there was short interest totalling 302,400 shares, a growth of 131.7% from the May 31st total of 130,500 shares. Based on an average daily volume of 539,900 shares, the short-interest ratio is presently 0.6 days.

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

Shares of WisdomTree U.S. Quality Dividend Growth Fund stock traded down $0.11 during mid-day trading on Friday, hitting $78.05. 813,893 shares of the stock were exchanged, compared to its average volume of 613,375. WisdomTree U.S. Quality Dividend Growth Fund has a twelve month low of $61.21 and a twelve month high of $79.11. The stock has a market capitalization of $13.16 billion, a price-to-earnings ratio of 24.83 and a beta of 0.88. The company has a 50-day simple moving average of $76.10 and a 200 day simple moving average of $73.89.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

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

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

Several hedge funds have recently modified their holdings of DGRW. Latitude Advisors LLC boosted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 2.8% in the fourth quarter. Latitude Advisors LLC now owns 5,277 shares of the company’s stock worth $371,000 after acquiring an additional 144 shares during the last quarter. WealthPLAN Partners LLC boosted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.5% in the fourth quarter. WealthPLAN Partners LLC now owns 10,174 shares of the company’s stock worth $715,000 after acquiring an additional 146 shares during the last quarter. Signet Financial Management LLC boosted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.9% in the fourth quarter. Signet Financial Management LLC now owns 8,093 shares of the company’s stock worth $569,000 after acquiring an additional 149 shares during the last quarter. Capital Investment Advisory Services LLC boosted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 0.3% in the fourth quarter. Capital Investment Advisory Services LLC now owns 56,059 shares of the company’s stock worth $3,940,000 after acquiring an additional 157 shares during the last quarter. Finally, Rooted Wealth Advisors Inc. boosted its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3.7% in the third quarter. Rooted Wealth Advisors Inc. now owns 5,340 shares of the company’s stock worth $356,000 after acquiring an additional 189 shares during the last quarter.

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.