WisdomTree Global ex U.S. Quality Dividend Growth Fund (NYSEARCA:DNL) Shares Down 0.3% – Should You Sell?

Shares of WisdomTree Global ex U.S. Quality Dividend Growth Fund (NYSEARCA:DNL) dropped 0.3% during trading on Monday . The stock traded as low as $41.17 and last traded at $41.38. Approximately 30,531 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 57,167 shares. The stock had previously closed at $41.50.

WisdomTree Global ex U.S. Quality Dividend Growth Fund Price Performance

The firm’s 50-day moving average price is $40.89 and its 200-day moving average price is $40.28. The company has a market cap of $467.59 million, a price-to-earnings ratio of 21.96 and a beta of 0.98.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DNL. Flow Traders U.S. LLC boosted its position in WisdomTree Global ex U.S. Quality Dividend Growth Fund by 96.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 187,319 shares of the company’s stock worth $7,585,000 after acquiring an additional 91,944 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of WisdomTree Global ex U.S. Quality Dividend Growth Fund by 11.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 235,685 shares of the company’s stock worth $9,491,000 after acquiring an additional 24,894 shares during the period. Ameriprise Financial Inc. raised its stake in WisdomTree Global ex U.S. Quality Dividend Growth Fund by 2.0% during the third quarter. Ameriprise Financial Inc. now owns 846,584 shares of the company’s stock worth $34,262,000 after acquiring an additional 16,905 shares in the last quarter. Captrust Financial Advisors boosted its stake in WisdomTree Global ex U.S. Quality Dividend Growth Fund by 4.1% in the third quarter. Captrust Financial Advisors now owns 214,840 shares of the company’s stock worth $8,699,000 after purchasing an additional 8,474 shares in the last quarter. Finally, CX Institutional bought a new position in WisdomTree Global ex U.S. Quality Dividend Growth Fund in the 3rd quarter worth approximately $202,000.

About WisdomTree Global ex U.S. Quality Dividend Growth Fund

WisdomTree World ex-U.S. Growth Fund (the Fund), formerly WisdomTree Japan Equity Income Fund, seeks investment results that correspond to the price and yield performance of the WisdomTree World ex-U.S. Growth Index (the Index). The Index is a fundamentally weighted index that measures the performance of growth companies in the developed and emerging markets outside of the United States. The Index consists of dividend paying companies that pass WisdomTrees market capitalization, liquidity and other requirements.