WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) Trading Down 0.8% - Should You Sell?

Key Points

• The WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) saw its stock price decline by 0.8%, trading as low as $27.96 on Monday with a significantly reduced trading volume of 6,290 shares.
• The fund recently increased its quarterly dividend from $0.10 to $0.175, which results in an annualized dividend of $0.70 and a yield of 2.5%.
• Institutional investors have been active, with notable increases in holdings from firms like OLD Mission Capital LLC, which lifted its stake by 341.8%.

WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE - Get Free Report)'s stock price fell 0.8% during mid-day trading on Monday . The company traded as low as $27.96 and last traded at $27.98. 6,290 shares were traded during mid-day trading, a decline of 65% from the average session volume of 18,060 shares. The stock had previously closed at $28.21.

WisdomTree Emerging Markets Quality Dividend Growth Fund Price Performance

The company has a market cap of $132.29 million, a P/E ratio of 15.43 and a beta of 0.78. The business's 50 day moving average price is $27.69 and its 200-day moving average price is $26.08.

WisdomTree Emerging Markets Quality Dividend Growth Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 25th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Wednesday, June 25th. This represents a $0.70 dividend on an annualized basis and a yield of 2.5%. This is an increase from WisdomTree Emerging Markets Quality Dividend Growth Fund's previous quarterly dividend of $0.10.

Institutional Trading of WisdomTree Emerging Markets Quality Dividend Growth Fund

Several hedge funds have recently modified their holdings of the stock. Strive Asset Management LLC bought a new position in WisdomTree Emerging Markets Quality Dividend Growth Fund in the 4th quarter worth approximately $1,549,000. Flow Traders U.S. LLC acquired a new stake in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund in the 1st quarter valued at $653,000. OLD Mission Capital LLC raised its position in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund by 341.8% during the first quarter. OLD Mission Capital LLC now owns 429,267 shares of the company's stock worth $10,435,000 after acquiring an additional 332,107 shares during the last quarter. Finally, Exchange Capital Management Inc. raised its position in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund by 9.0% during the second quarter. Exchange Capital Management Inc. now owns 38,909 shares of the company's stock worth $1,073,000 after acquiring an additional 3,206 shares during the last quarter.

WisdomTree Emerging Markets Quality Dividend Growth Fund Company Profile

The WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying emerging-market stocks with growth characteristics. The fund seeks income and capital appreciation. DGRE was launched on Aug 1, 2013 and is managed by WisdomTree.