WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Stock Price Up 0.2% – Here’s What Happened

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) shares rose 0.2% during mid-day trading on Thursday . The company traded as high as $90.33 and last traded at $90.30. Approximately 870,579 shares traded hands during trading, an increase of 20% from the average daily volume of 726,015 shares. The stock had previously closed at $90.11.

WisdomTree U.S. Quality Dividend Growth Fund Trading Down 0.7%

The stock’s 50-day moving average is $89.02 and its 200-day moving average is $86.74. The stock has a market cap of $16.14 billion, a price-to-earnings ratio of 22.10 and a beta of 0.85.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 30th. Stockholders of record on Tuesday, October 28th were given a $0.035 dividend. The ex-dividend date of this dividend was Tuesday, October 28th. This represents a c) annualized dividend and a dividend yield of 0.5%.

Institutional Trading of WisdomTree U.S. Quality Dividend Growth Fund

Institutional investors have recently added to or reduced their stakes in the business. SouthState Corp acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the first quarter valued at approximately $27,000. Palisade Asset Management LLC purchased a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the third quarter valued at $27,000. Assetmark Inc. boosted its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1,243.3% in the third quarter. Assetmark Inc. now owns 403 shares of the company’s stock valued at $36,000 after purchasing an additional 373 shares during the period. Evolution Wealth Management Inc. acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 2nd quarter valued at $49,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 2nd quarter worth $50,000.

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.