WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Shares Down 2.3% – Here’s Why

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) shares fell 2.3% on Tuesday . The stock traded as low as $47.45 and last traded at $47.58. 22,998 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 41,294 shares. The stock had previously closed at $48.72.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Trading Down 2.3%

The company has a market capitalization of $370.17 million, a PE ratio of 12.34 and a beta of 1.12. The business’s 50-day simple moving average is $46.56 and its two-hundred day simple moving average is $47.44.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 25th were given a dividend of $0.205 per share. This is a positive change from WisdomTree U.S. SmallCap Quality Dividend Growth Fund’s previous monthly dividend of $0.06. This represents a $2.46 annualized dividend and a dividend yield of 5.17%. The ex-dividend date was Wednesday, June 25th.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in DGRS. Jones Financial Companies Lllp lifted its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 39.5% in the 4th quarter. Jones Financial Companies Lllp now owns 1,235 shares of the company’s stock worth $63,000 after purchasing an additional 350 shares during the period. JPMorgan Chase & Co. boosted its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 13.8% in the fourth quarter. JPMorgan Chase & Co. now owns 13,329 shares of the company’s stock valued at $683,000 after acquiring an additional 1,617 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.9% during the 4th quarter. Sunbelt Securities Inc. now owns 6,275 shares of the company’s stock valued at $320,000 after buying an additional 350 shares in the last quarter. LVM Capital Management Ltd. MI raised its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 0.9% in the 1st quarter. LVM Capital Management Ltd. MI now owns 136,317 shares of the company’s stock worth $6,339,000 after buying an additional 1,282 shares during the last quarter. Finally, NBC Securities Inc. purchased a new stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 1st quarter valued at about $70,000.

About WisdomTree U.S. SmallCap Quality Dividend Growth Fund

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-weighted index of US small-cap stocks with growth characteristics. DGRS was launched on Jul 25, 2013 and is managed by WisdomTree.