LPL Financial LLC Sells 1,354 Shares of ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD)

LPL Financial LLC reduced its stake in shares of ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) by 6.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,281 shares of the company’s stock after selling 1,354 shares during the quarter. LPL Financial LLC owned 0.84% of ProShares MSCI EAFE Dividend Growers ETF worth $788,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE grew its stake in shares of ProShares MSCI EAFE Dividend Growers ETF by 4.1% during the first quarter. Bank of America Corp DE now owns 158,239 shares of the company’s stock valued at $6,392,000 after buying an additional 6,227 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of ProShares MSCI EAFE Dividend Growers ETF by 2.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 127,713 shares of the company’s stock worth $4,727,000 after purchasing an additional 3,315 shares during the last quarter. Jane Street Group LLC grew its stake in shares of ProShares MSCI EAFE Dividend Growers ETF by 569.5% in the first quarter. Jane Street Group LLC now owns 84,190 shares of the company’s stock worth $3,400,000 after purchasing an additional 71,615 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of ProShares MSCI EAFE Dividend Growers ETF by 2.0% in the first quarter. Cetera Investment Advisers now owns 78,332 shares of the company’s stock worth $2,937,000 after purchasing an additional 1,559 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of ProShares MSCI EAFE Dividend Growers ETF by 0.6% in the third quarter. Baird Financial Group Inc. now owns 75,797 shares of the company’s stock worth $2,373,000 after purchasing an additional 443 shares during the last quarter.

ProShares MSCI EAFE Dividend Growers ETF Price Performance

BATS EFAD opened at $36.04 on Tuesday. The stock has a market capitalization of $90.81 million, a PE ratio of 18.25 and a beta of 0.81. ProShares MSCI EAFE Dividend Growers ETF has a 1 year low of $33.18 and a 1 year high of $40.40. The business’s 50-day moving average is $34.81 and its 200 day moving average is $36.48.

ProShares MSCI EAFE Dividend Growers ETF Company Profile

The ProShares MSCI EAFE Dividend Growers ETF (EFAD) is an exchange-traded fund that is based on the MSCI EAFE Dividend Masters index. The fund tracks an equally weighted broad-market index of developed-market companies, ex-North America, that have raised their dividend for each of the past 10 years. EFAD was launched on Aug 19, 2014 and is managed by ProShares.