WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Stock Short Interest Report for October

Key Points

• Short interest fell sharply: Shares sold short dropped 76.4% to 44,240 as of October 15, representing approximately 0.0% of outstanding shares and just 0.1 days to cover.
• DGRW shares rose 0.3% to $99.06 during mid-day trading, near the fund’s 52-week high of $100.59. The ETF has a $17.05 billion market cap and trades below its 1-year high.
• Institutional ownership increased: Several firms added or initiated positions, including Fifth Third Bancorp, which expanded its holdings to 856,692 shares, and Corient Private Wealth, which increased its position by 306.1%.

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - ) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 44,240 shares, a drop of 76.4% from the September 30th total of 187,460 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 441,791 shares, the days-to-cover ratio is currently 0.1 days.

WisdomTree U.S. Quality Dividend Growth Fund Stock Up 0.3%

Shares of NASDAQ DGRW traded up $0.26 during mid-day trading on Wednesday, reaching $99.06. 427,009 shares of the company were exchanged, compared to its average volume of 739,443. WisdomTree U.S. Quality Dividend Growth Fund has a 1 year low of $85.37 and a 1 year high of $100.59. The firm has a 50-day moving average of $98.76 and a 200 day moving average of $95.02. The stock has a market cap of $17.05 billion, a price-to-earnings ratio of 22.10 and a beta of 0.81.

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

Hedge funds have recently modified their holdings of the company. Fifth Third Bancorp lifted its position in WisdomTree U.S. Quality Dividend Growth Fund by 12,667.4% during the first quarter. Fifth Third Bancorp now owns 856,692 shares of the company's stock valued at $75,252,000 after acquiring an additional 849,982 shares during the last quarter. Stenger Family Office LLC purchased a new position in WisdomTree U.S. Quality Dividend Growth Fund in the first quarter worth $26,978,000. Cvfg LLC acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the first quarter worth $23,387,000. D.A. Davidson & CO. acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the third quarter worth $23,622,000. Finally, Corient Private Wealth LP increased its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 306.1% during the second quarter. Corient Private Wealth LP now owns 299,352 shares of the company's stock worth $28,624,000 after purchasing an additional 225,643 shares in 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.

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