WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Short Interest Update

Key Points

• WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) experienced a dramatic reduction in short interest, dropping by 74.7% to 73,100 shares in August.
• The fund has a market capitalization of $16.37 billion and a P/E ratio of 22.10, with shares currently trading at $87.06.
• WisdomTree recently declared an increased dividend of $0.175, a significant rise from the previous dividend of $0.09, paid out on June 27th.

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 15th, there was short interest totaling 73,100 shares, adropof74.7% from the July 31st total of 289,000 shares. Based on an average trading volume of 644,800 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 644,800 shares, the short-interest ratio is presently 0.1 days.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. First Trust Advisors LP purchased a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter worth $1,821,000. Northern Trust Corp lifted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.3% in the 4th quarter. Northern Trust Corp now owns 21,406 shares of the company's stock worth $1,732,000 after buying an additional 1,087 shares during the period. Jane Street Group LLC purchased a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter worth $2,557,000. Aptus Capital Advisors LLC lifted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 139.3% in the 4th quarter. Aptus Capital Advisors LLC now owns 9,539 shares of the company's stock worth $772,000 after buying an additional 5,552 shares during the period. Finally, Baird Financial Group Inc. lifted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 135.3% in the 4th quarter. Baird Financial Group Inc. now owns 49,851 shares of the company's stock worth $4,034,000 after buying an additional 28,661 shares during the period.

WisdomTree U.S. Quality Dividend Growth Fund Trading Down 0.5%

Shares of NASDAQ:DGRW traded down $0.41 during trading on Friday, reaching $87.37. The company's stock had a trading volume of 1,209,355 shares, compared to its average volume of 680,224. WisdomTree U.S. Quality Dividend Growth Fund has a 12 month low of $69.84 and a 12 month high of $88.00. The firm's 50 day simple moving average is $86.01 and its two-hundred day simple moving average is $81.85. The stock has a market capitalization of $16.43 billion, a PE ratio of 22.10 and a beta of 0.88.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 25th were issued a $0.175 dividend. The ex-dividend date was Wednesday, June 25th. This is a positive change from WisdomTree U.S. Quality Dividend Growth Fund's previous dividend of $0.09.

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.