WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Short Interest Down 62.8% in September

Key Points

• Short interest in the WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) dropped by 62.8% in September, falling from 150,200 shares to 55,900 shares.
• Several institutional investors are increasing their stakes in DGRW, with FFG Retirement Advisors LLC raising its stake by 5.1% and Melone Private Wealth LLC boosting its position by 11.4% in the third quarter.
• The fund has a market capitalization of $16.09 billion and is currently trading at approximately $88.56, with a fifty-two week high of $89.65.

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - ) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 55,900 shares, a decline of 62.8% from the September 15th total of 150,200 shares. Based on an average trading volume of 783,600 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 783,600 shares, the short-interest ratio is currently 0.1 days.

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

A number of large investors have recently modified their holdings of the business. FFG Retirement Advisors LLC grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.1% during the third quarter. FFG Retirement Advisors LLC now owns 68,313 shares of the company's stock worth $6,077,000 after acquiring an additional 3,298 shares during the last quarter. Melone Private Wealth LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 11.4% in the third quarter. Melone Private Wealth LLC now owns 135,036 shares of the company's stock valued at $12,013,000 after buying an additional 13,818 shares during the last quarter. Perigon Wealth Management LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 0.4% in the third quarter. Perigon Wealth Management LLC now owns 44,433 shares of the company's stock valued at $3,953,000 after buying an additional 163 shares during the last quarter. Hengehold Capital Management LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 2.9% in the third quarter. Hengehold Capital Management LLC now owns 185,376 shares of the company's stock valued at $16,491,000 after buying an additional 5,239 shares during the last quarter. Finally, Townsend Asset Management Corp NC ADV boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 1.1% in the third quarter. Townsend Asset Management Corp NC ADV now owns 193,496 shares of the company's stock valued at $17,213,000 after buying an additional 2,101 shares during the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

Shares of DGRW stock opened at $88.56 on Friday. WisdomTree U.S. Quality Dividend Growth Fund has a fifty-two week low of $69.84 and a fifty-two week high of $89.65. The firm has a market capitalization of $16.09 billion, a price-to-earnings ratio of 22.10 and a beta of 0.88. The stock's 50-day simple moving average is $88.08 and its 200-day simple moving average is $83.47.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.