WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Shares Shorted: Short Interest Up 192.5% in September

Key Points

• DGRW short interest jumped 192.5% to 65,094 shares as of September 15, up from 22,258 shares at the end of August. Despite the increase, short interest represents 0.0% of shares outstanding and only 0.2 days of average trading volume.
• Institutional ownership remained strong, with major investors including Cetera Investment Advisers, Focus Partners Wealth, and Rockefeller Capital Management increasing their positions.
• DGRW recently traded at $98.49, near its 50-day moving average of $98.40 and below its 52-week high of $100.59; the ETF has a market capitalization of $17.05 billion and a P/E ratio of 22.10.

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - ) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 65,094 shares, a growth of 192.5% from the August 31st total of 22,258 shares. Based on an average daily volume of 398,293 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company's stock are short sold.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Cetera Investment Advisers lifted its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 5.7% during the 1st quarter. Cetera Investment Advisers now owns 2,589,945 shares of the company's stock valued at $227,501,000 after purchasing an additional 139,133 shares during the last quarter. Focus Partners Wealth raised its stake in WisdomTree U.S. Quality Dividend Growth Fund by 3,151.0% in the fourth quarter. Focus Partners Wealth now owns 1,358,683 shares of the company's stock valued at $121,507,000 after purchasing an additional 1,316,890 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in WisdomTree U.S. Quality Dividend Growth Fund by 53.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,117,448 shares of the company's stock valued at $99,933,000 after purchasing an additional 390,882 shares in the last quarter. Waddell & Associates LLC boosted its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.3% in the 4th quarter. Waddell & Associates LLC now owns 990,996 shares of the company's stock valued at $88,625,000 after purchasing an additional 12,857 shares in the last quarter. Finally, Clearwater Capital Advisors LLC boosted its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3.4% during the first quarter. Clearwater Capital Advisors LLC now owns 930,174 shares of the company's stock valued at $81,706,000 after purchasing an additional 30,454 shares in the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

NASDAQ:DGRW traded up $0.37 on Friday, hitting $98.49. 501,595 shares of the company's stock were exchanged, compared to its average volume of 773,003. The firm has a 50-day moving average price of $98.40 and a 200-day moving average price of $95.31. The company has a market cap of $17.05 billion, a P/E ratio of 22.10 and a beta of 0.82. WisdomTree U.S. Quality Dividend Growth Fund has a 52 week low of $85.37 and a 52 week high of $100.59.

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.

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