Toth Financial Advisory Corp Sells 2,441 Shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Toth Financial Advisory Corp trimmed its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 1.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 188,864 shares of the company’s stock after selling 2,441 shares during the quarter. ProShares Russell 2000 Dividend Growers ETF makes up about 1.5% of Toth Financial Advisory Corp’s holdings, making the stock its 11th largest holding. Toth Financial Advisory Corp’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $13,081,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMDV. Raymond James & Associates boosted its stake in ProShares Russell 2000 Dividend Growers ETF by 7.3% in the 3rd quarter. Raymond James & Associates now owns 47,027 shares of the company’s stock worth $3,257,000 after purchasing an additional 3,198 shares during the period. Heritage Wealth Management Inc. bought a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the second quarter worth about $294,000. Sanctuary Advisors LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the second quarter worth about $3,616,000. Creekside Partners bought a new position in ProShares Russell 2000 Dividend Growers ETF during the second quarter valued at approximately $301,000. Finally, Truist Financial Corp grew its holdings in ProShares Russell 2000 Dividend Growers ETF by 20.1% during the 2nd quarter. Truist Financial Corp now owns 80,910 shares of the company’s stock valued at $5,027,000 after buying an additional 13,515 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

Shares of SMDV traded down $0.60 during mid-day trading on Monday, hitting $69.90. 34,512 shares of the stock were exchanged. The company has a market cap of $852.78 million, a PE ratio of 15.39 and a beta of 0.96. 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 50-day moving average of $68.35 and a two-hundred day moving average of $65.25.

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.