Short Interest in WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Drops By 64.3%

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - Get Free Report) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 77,800 shares, a decline of 64.3% from the February 13th total of 218,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 634,200 shares, the short-interest ratio is presently 0.1 days.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

Shares of DGRW traded up $0.87 during trading hours on Monday, reaching $80.10. The stock had a trading volume of 430,606 shares, compared to its average volume of 550,720. WisdomTree U.S. Quality Dividend Growth Fund has a 12 month low of $72.13 and a 12 month high of $85.89. The stock has a market capitalization of $14.58 billion, a PE ratio of 24.74 and a beta of 0.88. The company's 50-day moving average is $82.40 and its two-hundred day moving average is $82.81.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 25th were paid a $0.11 dividend. The ex-dividend date was Tuesday, February 25th. This is an increase from WisdomTree U.S. Quality Dividend Growth Fund's previous monthly dividend of $0.11. This represents a $1.32 annualized dividend and a dividend yield of 1.65%.

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

Hedge funds have recently added to or reduced their stakes in the stock. My Legacy Advisors LLC lifted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.6% during the 4th quarter. My Legacy Advisors LLC now owns 8,190 shares of the company's stock worth $671,000 after acquiring an additional 127 shares during the last quarter. Quartz Partners LLC boosted its position in WisdomTree U.S. Quality Dividend Growth Fund by 1.1% during the 4th quarter. Quartz Partners LLC now owns 13,301 shares of the company's stock valued at $1,076,000 after acquiring an additional 144 shares in the last quarter. Lifestyle Asset Management Inc. boosted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 0.6% during the 4th quarter. Lifestyle Asset Management Inc. now owns 23,128 shares of the company's stock valued at $1,872,000 after buying an additional 145 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in WisdomTree U.S. Quality Dividend Growth Fund by 3.1% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,927 shares of the company's stock valued at $399,000 after buying an additional 150 shares in the last quarter. Finally, Parsons Capital Management Inc. RI raised its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 1.5% in the fourth quarter. Parsons Capital Management Inc. RI now owns 10,860 shares of the company's stock worth $879,000 after buying an additional 158 shares during the last quarter.

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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.