Short-term stake in WisdomTree US Quality Dividend Growth Fund (NASDAQ:DGRW) increases 56.8%

WisdomTree US Quality Dividend Growth Fund (NASDAQ:DGRW – Get a rating) benefited from a sharp increase in short-term interest during the month of June. As of June 30, there was short interest totaling 108,800 shares, an increase of 56.8% from the total of 69,400 shares as of June 15. Based on an average daily volume of 644,200 shares, the short interest ratio is currently 0.2 days.

WisdomTree US Quality Dividend Growth Fund Stock Up 1.4%

Shares of DGRW traded at $0.82 at midday on Friday, hitting $58.09. 676,311 shares of the company were traded, against an average volume of 678,559. The WisdomTree US Quality Dividend Growth Fund has a 1-year low of $55.05 and a 1-year high of $66.50 . The company has a 50-day moving average of $58.78 and a 200-day moving average of $61.61.

WisdomTree US Quality Dividend Growth Fund increases its dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 29. Investors of record on Monday, June 27 received a dividend of $0.19 per share. This represents an annualized dividend of $2.28 and a yield of 3.92%. The ex-dividend date was Friday, June 24. This is a boost from the WisdomTree US Quality Dividend Growth Fund’s previous $0.07 monthly dividend.

Institutional trading of the WisdomTree US Quality Dividend Growth Fund

Several large investors have recently bought and sold shares of DGRW. Allegheny Financial Group LTD acquired a new stake in WisdomTree US Quality Dividend Growth Fund during Q4, valued at approximately $27,000. IAG Wealth Partners LLC acquired a new stake in WisdomTree US Quality Dividend Growth Fund during Q1 valued at approximately $30,000. Integrity Financial Corp WA acquired a new stake in WisdomTree US Quality Dividend Growth Fund during Q4, valued at approximately $38,000. GoalVest Advisory LLC acquired a new stake in WisdomTree US Quality Dividend Growth Fund during Q1, valued at approximately $40,000. Finally, Curi Wealth Management LLC purchased a new stake in shares of WisdomTree US Quality Dividend Growth Fund in Q4, valued at approximately $43,000.

Further reading

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