WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Stock Price Up 0.1% – Still a Buy?

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW)’s share price was up 0.1% during mid-day trading on Wednesday . The stock traded as high as $85.34 and last traded at $85.21. Approximately 464,273 shares were traded during trading, a decline of 19% from the average daily volume of 570,922 shares. The stock had previously closed at $85.15.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

The firm has a 50 day simple moving average of $83.86 and a 200-day simple moving average of $80.74. The stock has a market capitalization of $15.10 billion, a price-to-earnings ratio of 24.83 and a beta of 0.88.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 27th. Investors of record on Monday, November 25th were issued a $0.10 dividend. This is a boost from WisdomTree U.S. Quality Dividend Growth Fund’s previous dividend of $0.08. The ex-dividend date was Monday, November 25th.

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

Several hedge funds have recently added to or reduced their stakes in the company. Highline Wealth Partners LLC acquired a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund during the third quarter worth about $34,000. Fairman Group LLC bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 2nd quarter worth approximately $39,000. Concourse Financial Group Securities Inc. boosted its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 751.7% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 511 shares of the company’s stock worth $40,000 after acquiring an additional 451 shares during the period. Coastline Trust Co bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 3rd quarter worth approximately $66,000. Finally, Peterson Financial Group Inc. bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 3rd quarter worth approximately $88,000.

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.