Bank of America Corp DE Has $17.87 Million Holdings in ProShares Russell 2000 Dividend Growers ETF (SMDV)

Bank of America Corp DE reduced its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 5.9% during the 2nd quarter, Holdings Channel reports. The firm owned 312,689 shares of the company’s stock after selling 19,721 shares during the period. Bank of America Corp DE’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $17,870,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Morgan Stanley grew its holdings in ProShares Russell 2000 Dividend Growers ETF by 1.2% in the second quarter. Morgan Stanley now owns 788,206 shares of the company’s stock worth $45,046,000 after purchasing an additional 8,992 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 22.0% during the second quarter. Wells Fargo & Company MN now owns 269,724 shares of the company’s stock valued at $15,415,000 after buying an additional 48,660 shares during the last quarter. AJ Wealth Strategies LLC grew its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 22.5% during the second quarter. AJ Wealth Strategies LLC now owns 260,135 shares of the company’s stock valued at $14,867,000 after buying an additional 47,748 shares during the last quarter. Cornerstone Wealth Management LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the second quarter valued at $3,846,000. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 15.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 152,532 shares of the company’s stock valued at $8,717,000 after buying an additional 20,846 shares during the last quarter.

Shares of SMDV opened at $58.12 on Monday. ProShares Russell 2000 Dividend Growers ETF has a 1-year low of $51.23 and a 1-year high of $58.30.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 3rd. Stockholders of record on Thursday, September 27th were issued a dividend of $0.2301 per share. The ex-dividend date was Wednesday, September 26th. This is a positive change from ProShares Russell 2000 Dividend Growers ETF’s previous quarterly dividend of $0.16. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.58%.

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Want to see what other hedge funds are holding SMDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV).

Institutional Ownership by Quarter for ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

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