Hennion & Walsh Asset Management Inc. Grows Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Hennion & Walsh Asset Management Inc. boosted its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 2.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,776 shares of the company’s stock after buying an additional 321 shares during the quarter. Hennion & Walsh Asset Management Inc. owned 0.10% of ProShares Russell 2000 Dividend Growers ETF worth $797,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 11.4% during the 3rd 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 during the last quarter. Palisade Asset Management LLC bought a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the third quarter worth $215,000. CWC Advisors LLC. acquired a new stake in ProShares Russell 2000 Dividend Growers ETF in the third quarter valued at $225,000. Heritage Wealth Management Inc. bought a new position in ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter valued at $294,000. Finally, Creekside Partners acquired a new position in ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter worth $301,000.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

SMDV opened at $68.23 on Monday. ProShares Russell 2000 Dividend Growers ETF has a 1-year low of $51.23 and a 1-year high of $58.30. The company has a 50-day moving average of $70.91 and a 200-day moving average of $69.09. The company has a market capitalization of $832.35 million, a P/E ratio of 15.39 and a beta of 0.96.

ProShares Russell 2000 Dividend Growers ETF Announces Dividend

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

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.