WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Sees Large Drop in Short Interest

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 12,000 shares, a decline of 13.7% from the January 31st total of 13,900 shares. Based on an average trading volume of 50,700 shares, the short-interest ratio is currently 0.2 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. United Advisor Group LLC grew its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 27.8% in the third quarter. United Advisor Group LLC now owns 70,181 shares of the company’s stock valued at $3,616,000 after acquiring an additional 15,251 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 64.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,925 shares of the company’s stock valued at $305,000 after purchasing an additional 2,330 shares in the last quarter. ORG Partners LLC bought a new stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the 4th quarter worth about $40,000. LVM Capital Management Ltd. MI grew its holdings in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.7% in the 4th quarter. LVM Capital Management Ltd. MI now owns 135,035 shares of the company’s stock worth $6,918,000 after purchasing an additional 7,302 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 4th quarter worth about $207,000.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Stock Down 1.8 %

NASDAQ:DGRS opened at $47.59 on Wednesday. The firm has a market capitalization of $425.93 million, a PE ratio of 14.05 and a beta of 1.12. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 12-month low of $46.10 and a 12-month high of $57.15. The firm has a 50-day moving average price of $50.98 and a 200 day moving average price of $51.72.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 25th were issued a $0.04 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.01%.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Company Profile

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-weighted index of US small-cap stocks with growth characteristics. DGRS was launched on Jul 25, 2013 and is managed by WisdomTree.