WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Short Interest Down 22.4% in March

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 23,500 shares, a drop of 22.4% from the February 28th total of 30,300 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 59,200 shares, the days-to-cover ratio is presently 0.4 days.

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

Several large investors have recently bought and sold shares of DGRS. LVM Capital Management Ltd. MI lifted its holdings in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.7% in the fourth quarter. LVM Capital Management Ltd. MI now owns 135,035 shares of the company’s stock worth $6,918,000 after acquiring an additional 7,302 shares during the last quarter. Princeton Global Asset Management LLC lifted its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 6.9% in the 4th quarter. Princeton Global Asset Management LLC now owns 22,455 shares of the company’s stock valued at $1,150,000 after purchasing an additional 1,453 shares during the last quarter. JPMorgan Chase & Co. boosted its position 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 buying an additional 1,617 shares in the last quarter. Sunbelt Securities Inc. grew its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.9% during the fourth quarter. Sunbelt Securities Inc. now owns 6,275 shares of the company’s stock worth $320,000 after buying an additional 350 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the fourth quarter worth $207,000.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Price Performance

DGRS traded down $0.19 during trading on Monday, hitting $46.34. 11,601 shares of the stock traded hands, compared to its average volume of 38,271. The business has a 50 day moving average price of $49.68 and a 200 day moving average price of $51.41. The company has a market cap of $414.73 million, a price-to-earnings ratio of 13.69 and a beta of 1.12. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a twelve month low of $45.79 and a twelve month high of $57.15.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were given a dividend of $0.205 per share. This is an increase from WisdomTree U.S. SmallCap Quality Dividend Growth Fund’s previous monthly dividend of $0.04. This represents a $2.46 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend was Wednesday, March 26th.

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.