Short Interest in WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Rises By 141.6%

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 54,419 shares, a growth of 141.6% from the May 14th total of 22,528 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 555,350 shares, the short-interest ratio is currently 0.1 days.

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

Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE grew its stake in 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 acquiring an additional 590,243 shares in the last quarter. Morgan Stanley grew its stake 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 acquiring an additional 27,929 shares in the last quarter. Ameriprise Financial Inc. grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 2.7% during the third quarter. Ameriprise Financial Inc. now owns 7,123,977 shares of the company’s stock valued at $633,659,000 after acquiring an additional 183,937 shares in the last quarter. Raymond James Financial Inc. grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 0.6% during the second quarter. Raymond James Financial Inc. now owns 3,540,325 shares of the company’s stock valued at $296,467,000 after acquiring an additional 20,249 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in WisdomTree U.S. Quality Dividend Growth Fund by 2.3% during the third quarter. HighTower Advisors LLC now owns 2,914,632 shares of the company’s stock valued at $259,284,000 after acquiring an additional 65,514 shares in the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

Shares of DGRW traded up $0.48 during trading hours on Friday, hitting $96.08. The company’s stock had a trading volume of 689,573 shares, compared to its average volume of 940,283. The business has a 50 day simple moving average of $94.32 and a two-hundred day simple moving average of $91.85. The company has a market cap of $16.81 billion, a price-to-earnings ratio of 22.10 and a beta of 0.82. WisdomTree U.S. Quality Dividend Growth Fund has a 52-week low of $81.28 and a 52-week high of $98.00.

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.