United Asset Strategies Inc. Purchases 261 Shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

United Asset Strategies Inc. boosted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 1.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 17,217 shares of the company’s stock after purchasing an additional 261 shares during the period. United Asset Strategies Inc.’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $1,165,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SMDV. Creative Financial Designs Inc. ADV raised its holdings 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 purchasing an additional 298 shares in the last quarter. Palisade Asset Management LLC acquired a new position in ProShares Russell 2000 Dividend Growers ETF during the third quarter worth $215,000. CWC Advisors LLC. bought a new position in ProShares Russell 2000 Dividend Growers ETF during the third quarter valued at about $225,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the fourth quarter worth about $250,000. Finally, Heritage Wealth Management Inc. bought a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter worth about $294,000.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

Shares of BATS SMDV opened at $68.20 on Monday. The business’s 50-day simple moving average is $70.39 and its 200-day simple moving average is $69.34. ProShares Russell 2000 Dividend Growers ETF has a 52 week low of $51.23 and a 52 week high of $58.30. The firm has a market cap of $832.04 million, a price-to-earnings ratio of 15.39 and a beta of 0.96.

ProShares Russell 2000 Dividend Growers ETF Announces Dividend

The business also recently declared 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.

ProShares Russell 2000 Dividend Growers ETF Company 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.