WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Sees Large Drop in Short Interest

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 13,695 shares, a drop of 54.8% from the January 29th total of 30,307 shares. Based on an average trading volume of 21,958 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 21,958 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. BOK Financial Private Wealth Inc. boosted its position in WisdomTree U.S. Total Dividend Fund by 62.9% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 697 shares of the company’s stock worth $55,000 after acquiring an additional 269 shares during the period. Glen Eagle Advisors LLC boosted its holdings in shares of WisdomTree U.S. Total Dividend Fund by 142.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 682 shares of the company’s stock worth $58,000 after purchasing an additional 401 shares during the period. Qube Research & Technologies Ltd purchased a new position in WisdomTree U.S. Total Dividend Fund during the third quarter valued at approximately $71,000. Asset Dedication LLC purchased a new stake in WisdomTree U.S. Total Dividend Fund in the 2nd quarter worth approximately $73,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in WisdomTree U.S. Total Dividend Fund in the 4th quarter worth approximately $92,000.

WisdomTree U.S. Total Dividend Fund Stock Down 0.3%

Shares of WisdomTree U.S. Total Dividend Fund stock traded down $0.23 on Friday, hitting $90.12. 57,013 shares of the company’s stock traded hands, compared to its average volume of 31,375. The stock has a market cap of $1.55 billion, a P/E ratio of 19.40 and a beta of 0.83. The firm’s 50-day moving average is $87.82 and its 200 day moving average is $85.13. WisdomTree U.S. Total Dividend Fund has a 52-week low of $67.09 and a 52-week high of $91.02.

WisdomTree U.S. Total Dividend Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 24th were given a $0.095 dividend. The ex-dividend date was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 1.3%. This is an increase from WisdomTree U.S. Total Dividend Fund’s previous monthly dividend of $0.07.

WisdomTree U.S. Total Dividend Fund Company Profile

The WisdomTree U.S. Total Dividend Fund (DTD) is an exchange-traded fund that is based on the WisdomTree Dividend index. The fund tracks an index of US companies selected and weighted based on the dollar amount of dividends paid. DTD was launched on Jun 16, 2006 and is managed by WisdomTree.