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

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 31,000 shares, a growth of 31.9% from the March 15th total of 23,500 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 57,800 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Quality Dividend Growth Fund

Institutional investors have recently modified their holdings of the company. LVM Capital Management Ltd. MI boosted its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 0.9% during the 1st quarter. LVM Capital Management Ltd. MI now owns 136,317 shares of the company’s stock valued at $6,339,000 after acquiring an additional 1,282 shares during the period. Princeton Global Asset Management LLC lifted its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 6.9% during the fourth quarter. Princeton Global Asset Management LLC now owns 22,455 shares of the company’s stock worth $1,150,000 after purchasing an additional 1,453 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 13.8% in the fourth quarter. JPMorgan Chase & Co. now owns 13,329 shares of the company’s stock valued at $683,000 after purchasing an additional 1,617 shares during the period. Sunbelt Securities Inc. grew its holdings in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.9% in the fourth quarter. Sunbelt Securities Inc. now owns 6,275 shares of the company’s stock valued at $320,000 after purchasing an additional 350 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 4th quarter worth approximately $207,000.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Stock Performance

Shares of DGRS stock opened at $42.49 on Monday. The firm has a market cap of $349.27 million, a P/E ratio of 12.28 and a beta of 1.12. The firm’s 50 day moving average price is $46.78 and its 200-day moving average price is $50.50. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a one year low of $40.14 and a one year high of $57.15.

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

The company also recently declared a monthly dividend, which was paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th were given a dividend of $0.205 per share. This is a positive change from WisdomTree U.S. SmallCap Quality Dividend Growth Fund’s previous monthly dividend of $0.04. This represents a $2.46 annualized dividend and a dividend yield of 5.79%. The ex-dividend date was Wednesday, March 26th.

About WisdomTree U.S. SmallCap Quality Dividend Growth Fund

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.