Truist Financial Corp Increases Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Truist Financial Corp increased its stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 9.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 91,525 shares of the company’s stock after buying an additional 7,605 shares during the quarter. Truist Financial Corp’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $6,194,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in ProShares Russell 2000 Dividend Growers ETF by 58.9% during the third quarter. JPMorgan Chase & Co. now owns 29,024 shares of the company’s stock worth $2,010,000 after buying an additional 10,760 shares in the last quarter. Raymond James & Associates lifted its position in ProShares Russell 2000 Dividend Growers ETF by 7.3% during the third quarter. Raymond James & Associates now owns 47,027 shares of the company’s stock worth $3,257,000 after buying an additional 3,198 shares in the last quarter. L.M. Kohn & Company lifted its position in ProShares Russell 2000 Dividend Growers ETF by 5.8% during the third quarter. L.M. Kohn & Company now owns 8,533 shares of the company’s stock worth $591,000 after buying an additional 466 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in ProShares Russell 2000 Dividend Growers ETF by 11.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock worth $202,000 after buying an additional 298 shares in the last quarter. Finally, Trueblood Wealth Management LLC lifted its position in ProShares Russell 2000 Dividend Growers ETF by 9.6% during the third quarter. Trueblood Wealth Management LLC now owns 15,289 shares of the company’s stock worth $1,059,000 after buying an additional 1,341 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Up 2.7 %

SMDV stock opened at $68.54 on Friday. The business has a fifty day moving average of $68.45 and a two-hundred day moving average of $69.41. The stock has a market cap of $836.22 million, a price-to-earnings 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.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.5398 per share. The ex-dividend date 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.