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

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 103,620 shares, a growth of 281.1% from the January 15th total of 27,191 shares. Based on an average daily volume of 1,051,959 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,051,959 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree U.S. Quality Dividend Growth Fund Stock Down 1.2%

DGRW stock traded down $1.13 during mid-day trading on Thursday, reaching $92.51. The company had a trading volume of 947,795 shares, compared to its average volume of 891,610. WisdomTree U.S. Quality Dividend Growth Fund has a one year low of $69.84 and a one year high of $94.01. The stock has a market capitalization of $16.33 billion, a P/E ratio of 22.10 and a beta of 0.85. The stock’s 50-day simple moving average is $90.73 and its two-hundred day simple moving average is $89.05.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) annualized dividend and a yield of 0.3%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DGRW. Palisade Asset Management LLC purchased a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the third quarter valued at $27,000. Assetmark Inc. grew its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1,243.3% during the 3rd quarter. Assetmark Inc. now owns 403 shares of the company’s stock valued at $36,000 after acquiring an additional 373 shares in the last quarter. Optima Capital LLC acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter worth $37,000. Sound Income Strategies LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 235.7% during the fourth quarter. Sound Income Strategies LLC now owns 480 shares of the company’s stock valued at $44,000 after purchasing an additional 337 shares during the last quarter. Finally, Stone House Investment Management LLC purchased a new position in WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter valued at about $43,000.

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.