ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by Landmark Wealth Management LLC

Landmark Wealth Management LLC reduced its stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,865 shares of the company’s stock after selling 1,788 shares during the period. ProShares Russell 2000 Dividend Growers ETF makes up about 2.1% of Landmark Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding. Landmark Wealth Management LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $4,660,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Trueblood Wealth Management LLC raised its position in shares of ProShares Russell 2000 Dividend Growers ETF by 1.3% in the 4th quarter. Trueblood Wealth Management LLC now owns 15,481 shares of the company’s stock valued at $1,048,000 after purchasing an additional 192 shares in the last quarter. Atlas Brown Inc. lifted its holdings in ProShares Russell 2000 Dividend Growers ETF by 4.0% during the 4th quarter. Atlas Brown Inc. now owns 6,108 shares of the company’s stock worth $413,000 after buying an additional 236 shares during the last quarter. United Asset Strategies Inc. increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 1.5% in the 4th quarter. United Asset Strategies Inc. now owns 17,217 shares of the company’s stock valued at $1,165,000 after acquiring an additional 261 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in shares of 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 valued at $202,000 after acquiring an additional 298 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in ProShares Russell 2000 Dividend Growers ETF by 2.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 11,776 shares of the company’s stock worth $797,000 after purchasing an additional 321 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Price Performance

SMDV stock opened at $69.17 on Tuesday. The firm has a market cap of $843.87 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a 1-year low of $51.23 and a 1-year high of $58.30. The firm has a fifty day moving average price of $70.39 and a two-hundred day moving average price of $69.34.

ProShares Russell 2000 Dividend Growers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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.