Trueblood Wealth Management LLC raised its stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Free Report) by 9.6% in the 3rd quarter, Holdings Channel reports. The firm owned 15,289 shares of the company’s stock after acquiring an additional 1,341 shares during the period. Trueblood Wealth Management LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $1,059,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Key Financial Inc lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 342.7% in the second quarter. Key Financial Inc now owns 549 shares of the company’s stock worth $34,000 after buying an additional 425 shares in the last quarter. PNC Financial Services Group Inc. bought a new stake in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth approximately $41,000. Anson Capital Inc. bought a new stake in ProShares Russell 2000 Dividend Growers ETF in the 1st quarter worth approximately $201,000. J.W. Cole Advisors Inc. raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 8.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 3,623 shares of the company’s stock worth $232,000 after acquiring an additional 297 shares in the last quarter. Finally, Heritage Wealth Management Inc. bought a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter valued at approximately $294,000.
ProShares Russell 2000 Dividend Growers ETF Stock Performance
Shares of SMDV opened at $68.06 on Friday. The stock has a market capitalization of $830.33 million, a PE ratio of 15.39 and a beta of 0.96. The company’s fifty day moving average is $68.57 and its 200 day moving average is $65.47. ProShares Russell 2000 Dividend Growers ETF has a fifty-two week low of $51.23 and a fifty-two week high of $58.30.
About ProShares Russell 2000 Dividend Growers ETF
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.
Further Reading
- Five stocks we like better than ProShares Russell 2000 Dividend Growers ETF
- Consumer Staples Stocks, Explained
- Texas Roadhouse Stock Steering for New Highs This Year
- How to invest in marijuana stocks in 7 steps
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Want to see what other hedge funds are holding SMDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Free Report).
Receive News & Ratings for ProShares Russell 2000 Dividend Growers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Russell 2000 Dividend Growers ETF and related companies with MarketBeat.com's FREE daily email newsletter.
