WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sees Significant Decrease in Short Interest

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 27,191 shares, a drop of 80.1% from the December 31st total of 136,369 shares. Based on an average daily trading volume, of 801,032 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 801,032 shares, the days-to-cover ratio is presently 0.0 days.

WisdomTree U.S. Quality Dividend Growth Fund Stock Down 0.1%

Shares of NASDAQ:DGRW traded down $0.11 during midday trading on Friday, reaching $91.45. 332,264 shares of the company were exchanged, compared to its average volume of 829,013. The firm has a market cap of $16.16 billion, a PE ratio of 22.10 and a beta of 0.85. WisdomTree U.S. Quality Dividend Growth Fund has a fifty-two week low of $69.84 and a fifty-two week high of $91.72. The stock has a fifty day simple moving average of $90.11 and a two-hundred day simple moving average of $88.54.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 0.3%.

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

Several large investors have recently bought and sold shares of the business. Palisade Asset Management LLC bought a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 3rd quarter worth approximately $27,000. Assetmark Inc. increased its position in 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 worth $36,000 after buying an additional 373 shares during the last quarter. Optima Capital LLC purchased a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at $37,000. Stone House Investment Management LLC bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter worth $43,000. Finally, Sound Income Strategies LLC boosted its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 235.7% in the 4th quarter. Sound Income Strategies LLC now owns 480 shares of the company’s stock worth $44,000 after buying an additional 337 shares during the period.

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.