WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 310,000 shares, an increase of 307.4% from the March 15th total of 76,100 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 703,000 shares, the days-to-cover ratio is currently 0.4 days.
WisdomTree U.S. Quality Dividend Growth Fund Price Performance
Shares of WisdomTree U.S. Quality Dividend Growth Fund stock traded up $0.21 during trading on Friday, hitting $75.23. 600,584 shares of the company's stock traded hands, compared to its average volume of 583,038. The company has a market cap of $13.96 billion, a PE ratio of 21.17 and a beta of 0.88. The firm's fifty day moving average price is $79.57 and its 200 day moving average price is $81.99. WisdomTree U.S. Quality Dividend Growth Fund has a twelve month low of $69.84 and a twelve month high of $85.89.
WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, March 28th. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.155 per share. This represents a $1.86 dividend on an annualized basis and a yield of 2.47%. This is an increase from WisdomTree U.S. Quality Dividend Growth Fund's previous monthly dividend of $0.11. The ex-dividend date was Wednesday, March 26th.
Hedge Funds Weigh In On WisdomTree U.S. Quality Dividend Growth Fund
Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the fourth quarter valued at $292,520,000. Lido Advisors LLC bought a new position in WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at about $114,918,000. Private Advisor Group LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 86.9% in the fourth quarter. Private Advisor Group LLC now owns 2,732,198 shares of the company's stock valued at $221,117,000 after buying an additional 1,269,967 shares in the last quarter. Independent Advisor Alliance bought a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the fourth quarter worth about $70,057,000. Finally, LPL Financial LLC increased its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 7.1% during the fourth quarter. LPL Financial LLC now owns 11,999,767 shares of the company's stock worth $971,141,000 after buying an additional 793,206 shares in the last quarter.
About WisdomTree U.S. Quality Dividend Growth Fund
(
Get Free Report)
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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