WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Trading Down 0.3% - What's Next?

Key Points

• The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) experienced a slight decline of 0.3% in its share price, closing at $47.54 after trading as low as $47.26.
• The fund recently declared an increase in its dividend payment to $0.035, up from the previous $0.01, with payments made to investors of record on July 28th.
• Several large investors, including JPMorgan Chase & Co. and LVM Capital Management Ltd., have increased their stakes in the fund, indicating heightened institutional interest.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS - Get Free Report) dropped 0.3% during mid-day trading on Wednesday . The stock traded as low as $47.26 and last traded at $47.54. Approximately 15,152 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 44,983 shares. The stock had previously closed at $47.66.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Trading Up 0.6%

The company has a market cap of $357.20 million, a P/E ratio of 12.34 and a beta of 1.12. The firm's 50 day moving average price is $47.36 and its 200-day moving average price is $47.06.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 30th. Stockholders of record on Monday, July 28th were paid a $0.035 dividend. This is a boost from WisdomTree U.S. SmallCap Quality Dividend Growth Fund's previous dividend of $0.01. The ex-dividend date of this dividend was Monday, July 28th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DGRS. Arkadios Wealth Advisors bought a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the 1st quarter valued at about $273,000. Cary Street Partners Financial LLC bought a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the 1st quarter valued at about $209,000. LVM Capital Management Ltd. MI raised its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 2.2% in the 2nd quarter. LVM Capital Management Ltd. MI now owns 139,379 shares of the company's stock valued at $6,488,000 after acquiring an additional 3,062 shares during the period. ORG Partners LLC raised its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 242.1% in the 1st quarter. ORG Partners LLC now owns 2,696 shares of the company's stock valued at $126,000 after acquiring an additional 1,908 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 13.8% in the 4th quarter. JPMorgan Chase & Co. now owns 13,329 shares of the company's stock valued at $683,000 after acquiring an additional 1,617 shares during the period.

About WisdomTree U.S. SmallCap Quality Dividend Growth Fund

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-weighted index of US small-cap stocks with growth characteristics. DGRS was launched on Jul 25, 2013 and is managed by WisdomTree.