WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sees Large Volume Increase - What's Next?

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 1,404,147 shares changed hands during mid-day trading, an increase of 116% from the previous session's volume of 650,944 shares.The stock last traded at $83.78 and had previously closed at $83.49.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

The stock has a market capitalization of $15.29 billion, a PE ratio of 24.83 and a beta of 0.88. The company has a 50-day moving average of $82.92 and a two-hundred day moving average of $81.94.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.0407 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 18,877,057 shares of the company's stock worth $1,570,760,000 after purchasing an additional 203,773 shares during the period. LPL Financial LLC increased its position in WisdomTree U.S. Quality Dividend Growth Fund by 8.1% during the 3rd quarter. LPL Financial LLC now owns 11,206,561 shares of the company's stock worth $932,498,000 after purchasing an additional 836,512 shares in the last quarter. HighTower Advisors LLC raised its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 6.9% in the third quarter. HighTower Advisors LLC now owns 2,709,658 shares of the company's stock valued at $225,451,000 after buying an additional 173,967 shares during the period. Cetera Investment Advisers lifted its position in WisdomTree U.S. Quality Dividend Growth Fund by 3.4% during the second quarter. Cetera Investment Advisers now owns 1,888,482 shares of the company's stock valued at $147,396,000 after buying an additional 62,514 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 27,124.2% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,289,612 shares of the company's stock worth $106,388,000 after buying an additional 1,284,875 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.

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