Short Interest in WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Drops By 42.3%

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 179,000 shares, a decrease of 42.3% from the March 31st total of 310,000 shares. Based on an average trading volume of 732,800 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

WisdomTree U.S. Quality Dividend Growth Fund Stock Up 0.2 %

NASDAQ:DGRW opened at $77.66 on Thursday. WisdomTree U.S. Quality Dividend Growth Fund has a 52 week low of $69.84 and a 52 week high of $85.89. The company’s 50 day moving average price is $78.38 and its 200-day moving average price is $81.62. The stock has a market cap of $14.50 billion, a price-to-earnings ratio of 22.19 and a beta of 0.88.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 29th. Investors of record on Friday, April 25th were issued a $0.09 dividend. The ex-dividend date was Friday, April 25th. This is a positive change from WisdomTree U.S. Quality Dividend Growth Fund’s previous dividend of $0.00.

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

Several institutional investors have recently made changes to their positions in DGRW. Bfsg LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter worth approximately $25,000. Hartford Financial Management Inc. purchased a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter worth $26,000. Venturi Wealth Management LLC bought a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at $29,000. United Community Bank purchased a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at $29,000. Finally, Versant Capital Management Inc bought a new position in WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter worth $31,000.

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.