WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Trading Up 6.7% – Should You Buy?

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS)’s stock price shot up 6.7% during mid-day trading on Wednesday . The stock traded as high as $55.44 and last traded at $55.28. 35,930 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 28,801 shares. The stock had previously closed at $51.82.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Trading Up 6.7 %

The company has a market cap of $449.98 million, a PE ratio of 12.00 and a beta of 1.12. The stock has a 50 day moving average price of $50.81 and a 200 day moving average price of $49.34.

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

The firm also recently announced a dividend, which was paid on Wednesday, October 30th. Stockholders of record on Monday, October 28th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, October 28th.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Quality Dividend Growth Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of DGRS. Sunbelt Securities Inc. boosted its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 74.5% in the second quarter. Sunbelt Securities Inc. now owns 3,595 shares of the company’s stock worth $169,000 after acquiring an additional 1,535 shares in the last quarter. Harbor Investment Advisory LLC boosted its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 10.6% in the 3rd quarter. Harbor Investment Advisory LLC now owns 15,970 shares of the company’s stock worth $823,000 after purchasing an additional 1,533 shares in the last quarter. Princeton Global Asset Management LLC grew its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 23.9% during the 3rd quarter. Princeton Global Asset Management LLC now owns 21,002 shares of the company’s stock valued at $1,082,000 after purchasing an additional 4,054 shares during the last quarter. Finally, United Advisor Group LLC increased its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 27.8% during the 3rd quarter. United Advisor Group LLC now owns 70,181 shares of the company’s stock valued at $3,616,000 after purchasing an additional 15,251 shares in the last quarter.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Company Profile

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.