Jacobi Capital Management LLC Boosts Stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Jacobi Capital Management LLC increased its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,829 shares of the company’s stock after buying an additional 950 shares during the period. Jacobi Capital Management LLC owned 0.24% of ProShares Russell 2000 Dividend Growers ETF worth $2,019,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Raymond James & Associates grew its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 7.3% during the third quarter. Raymond James & Associates now owns 47,027 shares of the company’s stock valued at $3,257,000 after buying an additional 3,198 shares during the last quarter. Pinnacle Associates Ltd. grew its stake in ProShares Russell 2000 Dividend Growers ETF by 477.5% in the third quarter. Pinnacle Associates Ltd. now owns 18,873 shares of the company’s stock worth $1,227,000 after purchasing an additional 15,605 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in ProShares Russell 2000 Dividend Growers ETF by 11.4% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock worth $202,000 after purchasing an additional 298 shares in the last quarter. United Advisor Group LLC grew its stake in ProShares Russell 2000 Dividend Growers ETF by 16.7% in the third quarter. United Advisor Group LLC now owns 41,232 shares of the company’s stock worth $2,856,000 after purchasing an additional 5,906 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in ProShares Russell 2000 Dividend Growers ETF by 6.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 14,197 shares of the company’s stock worth $983,000 after purchasing an additional 829 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Up 3.1 %

ProShares Russell 2000 Dividend Growers ETF stock opened at $68.78 on Friday. The business has a fifty day moving average of $68.25 and a two-hundred day moving average of $69.52. The firm has a market cap of $717.36 million, a P/E ratio of 18.08 and a beta of 0.85. ProShares Russell 2000 Dividend Growers ETF has a twelve month low of $51.23 and a twelve month high of $58.30.

ProShares Russell 2000 Dividend Growers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.5398 dividend. The ex-dividend date was Monday, December 23rd.

ProShares Russell 2000 Dividend Growers ETF Company Profile

The ProShares Russell 2000 Dividend Growers ETF (SMDV) is an exchange-traded fund that is based on the Russell 2000 Dividend Growth index. The fund tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted. SMDV was launched on Feb 5, 2015 and is managed by ProShares.