Short Interest in WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Rises By 142.7%

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 255,337 shares, a growth of 142.7% from the June 15th total of 105,214 shares. Based on an average daily trading volume, of 581,139 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

NASDAQ DGRW traded down $0.33 during trading hours on Tuesday, hitting $96.23. The company’s stock had a trading volume of 148,001 shares, compared to its average volume of 879,730. WisdomTree U.S. Quality Dividend Growth Fund has a 12 month low of $83.95 and a 12 month high of $98.00. The company’s 50 day simple moving average is $95.94 and its two-hundred day simple moving average is $92.80. The company has a market cap of $16.70 billion, a P/E ratio of 22.10 and a beta of 0.82.

Institutional Trading of WisdomTree U.S. Quality Dividend Growth Fund

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.0% during the second quarter. Bank of America Corp DE now owns 12,422,037 shares of the company’s stock valued at $1,040,221,000 after purchasing an additional 590,243 shares during the last quarter. Morgan Stanley lifted its position in WisdomTree U.S. Quality Dividend Growth Fund by 0.3% during the fourth quarter. Morgan Stanley now owns 8,512,117 shares of the company’s stock valued at $761,239,000 after purchasing an additional 27,929 shares during the period. Ameriprise Financial Inc. boosted its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 2.7% in the third quarter. Ameriprise Financial Inc. now owns 7,123,977 shares of the company’s stock worth $633,659,000 after purchasing an additional 183,937 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 0.6% in the second quarter. Raymond James Financial Inc. now owns 3,540,325 shares of the company’s stock worth $296,467,000 after purchasing an additional 20,249 shares during the last quarter. Finally, UBS Group AG grew its position in WisdomTree U.S. Quality Dividend Growth Fund by 5.5% in the 4th quarter. UBS Group AG now owns 2,678,573 shares of the company’s stock worth $239,545,000 after purchasing an additional 138,923 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.