Sanctuary Advisors LLC Lowers Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Sanctuary Advisors LLC trimmed its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 2.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 54,555 shares of the company’s stock after selling 1,094 shares during the period. Sanctuary Advisors LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $3,764,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in SMDV. Raymond James & Associates boosted its holdings in ProShares Russell 2000 Dividend Growers ETF by 7.3% in the third quarter. Raymond James & Associates now owns 47,027 shares of the company’s stock valued at $3,257,000 after purchasing an additional 3,198 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in ProShares Russell 2000 Dividend Growers ETF by 6.1% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 11,455 shares of the company’s stock valued at $793,000 after purchasing an additional 656 shares during the last quarter. Trueblood Wealth Management LLC boosted its holdings in ProShares Russell 2000 Dividend Growers ETF by 9.6% in the third quarter. Trueblood Wealth Management LLC now owns 15,289 shares of the company’s stock valued at $1,059,000 after purchasing an additional 1,341 shares during the last quarter. CWC Advisors LLC. purchased a new stake in ProShares Russell 2000 Dividend Growers ETF in the third quarter valued at $225,000. Finally, Pinnacle Associates Ltd. boosted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 477.5% during the 3rd quarter. Pinnacle Associates Ltd. now owns 18,873 shares of the company’s stock worth $1,227,000 after acquiring an additional 15,605 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Up 2.7 %

SMDV stock opened at $68.54 on Friday. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $51.23 and a 52-week high of $58.30. The company’s 50-day simple moving average is $68.54 and its 200-day simple moving average is $69.39. The firm has a market cap of $836.22 million, a P/E ratio of 15.39 and a beta of 0.96.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.5398 dividend. The ex-dividend date was Monday, December 23rd.

ProShares Russell 2000 Dividend Growers ETF 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.