Short Interest in WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Declines By 54.6%

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 22,258 shares, a decline of 54.6% from the August 15th total of 48,994 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 442,029 shares, the days-to-cover ratio is currently 0.1 days.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

Shares of DGRW stock traded down $1.17 during mid-day trading on Wednesday, reaching $96.89. The company’s stock had a trading volume of 308,471 shares, compared to its average volume of 785,471. The firm’s 50-day moving average is $98.11 and its two-hundred day moving average is $94.99. The company has a market cap of $16.50 billion, a P/E ratio of 22.10 and a beta of 0.82. WisdomTree U.S. Quality Dividend Growth Fund has a 1-year low of $85.37 and a 1-year high of $100.59.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Focus Partners Wealth boosted its stake in WisdomTree U.S. Quality Dividend Growth Fund by 3,151.0% in the fourth quarter. Focus Partners Wealth now owns 1,358,683 shares of the company’s stock valued at $121,507,000 after acquiring an additional 1,316,890 shares during the last quarter. Fifth Third Bancorp raised its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 12,667.4% during the 1st quarter. Fifth Third Bancorp now owns 856,692 shares of the company’s stock valued at $75,252,000 after acquiring an additional 849,982 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 53.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,117,448 shares of the company’s stock valued at $99,933,000 after purchasing an additional 390,882 shares during the period. Resolute Capital LLC acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 4th quarter valued at $34,705,000. Finally, Stenger Family Office LLC bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter worth $26,978,000.

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.