Capital Investment Advisors LLC Has $29.19 Million Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Capital Investment Advisors LLC trimmed its stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 431,354 shares of the company’s stock after selling 6,700 shares during the period. Capital Investment Advisors LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $29,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Heritage Wealth Management Inc. bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at $294,000. Creekside Partners acquired a new stake in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at about $301,000. Raymond James & Associates raised its stake in shares of 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 worth $3,257,000 after acquiring an additional 3,198 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 1.7% during the second quarter. Oppenheimer & Co. Inc. now owns 32,087 shares of the company’s stock worth $1,993,000 after purchasing an additional 523 shares in the last quarter. Finally, L.M. Kohn & Company grew its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 5.8% during the third quarter. L.M. Kohn & Company now owns 8,533 shares of the company’s stock valued at $591,000 after purchasing an additional 466 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Down 2.4 %

SMDV stock traded down $1.58 during trading on Monday, hitting $64.60. The company had a trading volume of 64,179 shares. The firm has a 50-day moving average price of $71.42 and a 200-day moving average price of $68.92. ProShares Russell 2000 Dividend Growers ETF has a 12 month low of $51.23 and a 12 month high of $58.30. The stock has a market cap of $788.12 million, a price-to-earnings ratio of 15.39 and a beta of 0.96.

ProShares Russell 2000 Dividend Growers ETF Announces Dividend

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