WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sets New 52-Week Low – Here’s Why

Shares of WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRWGet Free Report) hit a new 52-week low on Monday . The stock traded as low as $69.84 and last traded at $71.97, with a volume of 217735 shares trading hands. The stock had previously closed at $73.05.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

The firm has a market capitalization of $13.44 billion, a price-to-earnings ratio of 21.17 and a beta of 0.85. The stock’s fifty day moving average is $81.64 and its two-hundred day moving average is $82.65.

WisdomTree U.S. Quality Dividend Growth Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.155 per share. The ex-dividend date was Wednesday, March 26th. This is an increase from WisdomTree U.S. Quality Dividend Growth Fund’s previous monthly dividend of $0.11. This represents a $1.86 annualized dividend and a dividend yield of 2.57%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Hartford Financial Management Inc. purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter worth approximately $26,000. United Community Bank acquired a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund during the fourth quarter worth approximately $29,000. Venturi Wealth Management LLC bought a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter worth $29,000. Versant Capital Management Inc acquired a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter valued at $31,000. Finally, Mpwm Advisory Solutions LLC bought a new position in WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at $32,000.

About WisdomTree U.S. Quality Dividend Growth Fund

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for WisdomTree U.S. Quality Dividend Growth Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. Quality Dividend Growth Fund and related companies with MarketBeat.com's FREE daily email newsletter.