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

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 87,406 shares, a decrease of 48.1% from the April 15th total of 168,556 shares. Based on an average trading volume of 624,338 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of WisdomTree U.S. Quality Dividend Growth Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Quantinno Capital Management LP lifted its position in WisdomTree U.S. Quality Dividend Growth Fund by 15.9% during the first quarter. Quantinno Capital Management LP now owns 28,611 shares of the company’s stock worth $2,513,000 after buying an additional 3,917 shares during the period. Gateway Wealth Partners LLC raised its stake in WisdomTree U.S. Quality Dividend Growth Fund by 96.7% during the first quarter. Gateway Wealth Partners LLC now owns 177,509 shares of the company’s stock worth $15,592,000 after purchasing an additional 87,250 shares during the period. FreeGulliver LLC acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter valued at $522,000. Modern Wealth Management LLC grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 4.0% during the 1st quarter. Modern Wealth Management LLC now owns 322,088 shares of the company’s stock valued at $28,373,000 after buying an additional 12,521 shares during the period. Finally, Dickmeyer Boyce Financial Management Inc. purchased a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 1st quarter valued at $4,639,000.

WisdomTree U.S. Quality Dividend Growth Fund Trading Down 0.9%

Shares of NASDAQ:DGRW traded down $0.88 on Friday, hitting $95.79. The company had a trading volume of 529,597 shares, compared to its average volume of 992,849. WisdomTree U.S. Quality Dividend Growth Fund has a 52-week low of $79.19 and a 52-week high of $96.87. The business has a 50 day moving average of $91.31 and a 200 day moving average of $90.79. The company has a market cap of $16.76 billion, a PE ratio of 22.10 and a beta of 0.82.

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.