WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sees Large Volume Increase – Time to Buy?

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) saw an uptick in trading volume on Thursday . 1,404,147 shares were traded during trading, an increase of 116% from the previous session’s volume of 650,944 shares.The stock last traded at $83.78 and had previously closed at $83.49.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

The stock has a market capitalization of $15.27 billion, a P/E ratio of 24.83 and a beta of 0.88. The company has a 50 day simple moving average of $82.93 and a 200-day simple moving average of $81.99.

WisdomTree U.S. Quality Dividend Growth Fund Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued a dividend of $0.0407 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of DGRW. Creative Planning boosted its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 3.0% during the 2nd quarter. Creative Planning now owns 101,858 shares of the company’s stock valued at $7,950,000 after acquiring an additional 2,985 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the second quarter valued at approximately $97,000. Sunbelt Securities Inc. lifted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 9.6% during the second quarter. Sunbelt Securities Inc. now owns 5,383 shares of the company’s stock valued at $420,000 after purchasing an additional 471 shares during the last quarter. New Century Financial Group LLC bought a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 2nd quarter worth approximately $278,000. Finally, Cetera Investment Advisers grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3.4% in the 2nd quarter. Cetera Investment Advisers now owns 1,888,482 shares of the company’s stock worth $147,396,000 after buying an additional 62,514 shares during the last quarter.

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.