WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Short Interest Up 307.4% in March

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 310,000 shares, a growth of 307.4% from the March 15th total of 76,100 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 703,000 shares, the short-interest ratio is currently 0.4 days.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

NASDAQ DGRW traded up $0.21 during trading on Friday, reaching $75.23. 600,584 shares of the company's stock were exchanged, compared to its average volume of 582,181. WisdomTree U.S. Quality Dividend Growth Fund has a fifty-two week low of $69.84 and a fifty-two week high of $85.89. The stock has a market capitalization of $13.97 billion, a P/E ratio of 21.17 and a beta of 0.88. The business has a 50 day moving average price of $79.74 and a 200-day moving average price of $82.04.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were paid a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend was Wednesday, March 26th. This is a boost from WisdomTree U.S. Quality Dividend Growth Fund's previous monthly dividend of $0.11.

Hedge Funds Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bfsg LLC acquired a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 1st quarter worth about $25,000. Vivid Wealth Management LLC acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the first quarter valued at approximately $1,366,000. Breakwater Investment Management increased its position in WisdomTree U.S. Quality Dividend Growth Fund by 59.6% during the 1st quarter. Breakwater Investment Management now owns 2,267 shares of the company's stock worth $181,000 after buying an additional 847 shares during the period. Howard Bailey Securities LLC grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 22.5% in the first quarter. Howard Bailey Securities LLC now owns 141,789 shares of the company's stock valued at $11,323,000 after acquiring an additional 26,049 shares in the last quarter. Finally, Hengehold Capital Management LLC increased its position in WisdomTree U.S. Quality Dividend Growth Fund by 6.9% during the first quarter. Hengehold Capital Management LLC now owns 176,558 shares of the company's stock worth $14,100,000 after acquiring an additional 11,367 shares during the period.

About WisdomTree U.S. Quality Dividend Growth Fund

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.