ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by Bank of America Corp DE

Bank of America Corp DE lessened its stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 0.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 278,719 shares of the company’s stock after selling 783 shares during the quarter. Bank of America Corp DE owned about 2.28% of ProShares Russell 2000 Dividend Growers ETF worth $18,861,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Wells Fargo & Company MN increased its position in ProShares Russell 2000 Dividend Growers ETF by 1.1% during the fourth quarter. Wells Fargo & Company MN now owns 459,939 shares of the company’s stock worth $31,124,000 after buying an additional 4,830 shares during the period. Raymond James Financial Inc. acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the 4th quarter valued at $21,300,000. LPL Financial LLC increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 7.6% in the 4th quarter. LPL Financial LLC now owns 260,795 shares of the company’s stock valued at $17,648,000 after acquiring an additional 18,411 shares during the period. Toth Financial Advisory Corp raised its position in ProShares Russell 2000 Dividend Growers ETF by 1.9% in the 4th quarter. Toth Financial Advisory Corp now owns 192,528 shares of the company’s stock valued at $13,028,000 after purchasing an additional 3,664 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in ProShares Russell 2000 Dividend Growers ETF by 9.1% during the 4th quarter. Truist Financial Corp now owns 91,525 shares of the company’s stock worth $6,194,000 after purchasing an additional 7,605 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Stock Down 1.5%

Shares of SMDV stock opened at $65.74 on Tuesday. The stock has a market capitalization of $664.62 million, a PE ratio of 17.12 and a beta of 0.84. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $57.98 and a 52-week high of $76.90. The stock’s 50-day moving average price is $63.83 and its 200 day moving average price is $67.84.

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.