WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Stock Price Down 0.7% – Here’s Why

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) fell 0.7% during mid-day trading on Tuesday . The stock traded as low as $84.47 and last traded at $84.49. 641,542 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 597,991 shares. The stock had previously closed at $85.09.

WisdomTree U.S. Quality Dividend Growth Fund Stock Down 0.7%

The company’s 50 day moving average price is $82.10 and its 200 day moving average price is $80.86. The firm has a market capitalization of $15.90 billion, a price-to-earnings ratio of 22.10 and a beta of 0.88.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 25th were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Wednesday, June 25th. This is a boost from WisdomTree U.S. Quality Dividend Growth Fund’s previous dividend of $0.09.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Bfsg LLC acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 1st quarter worth approximately $25,000. SouthState Corp purchased a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter valued at approximately $27,000. AlphaCore Capital LLC acquired a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the first quarter valued at about $31,000. Mpwm Advisory Solutions LLC acquired a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter valued at about $32,000. Finally, GHP Investment Advisors Inc. increased its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 340.0% during the 1st quarter. GHP Investment Advisors Inc. now owns 440 shares of the company’s stock valued at $35,000 after acquiring an additional 340 shares in the last quarter.

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.