ForthRight Wealth Management LLC Purchases 2,384 Shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

ForthRight Wealth Management LLC lifted its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 68,251 shares of the company’s stock after purchasing an additional 2,384 shares during the quarter. ProShares Russell 2000 Dividend Growers ETF comprises approximately 1.5% of ForthRight Wealth Management LLC’s portfolio, making the stock its 14th largest holding. ForthRight Wealth Management LLC owned approximately 0.56% of ProShares Russell 2000 Dividend Growers ETF worth $4,619,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMDV. Trueblood Wealth Management LLC increased its stake in ProShares Russell 2000 Dividend Growers ETF by 1.3% in the 4th quarter. Trueblood Wealth Management LLC now owns 15,481 shares of the company’s stock worth $1,048,000 after acquiring an additional 192 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 2.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 11,776 shares of the company’s stock worth $797,000 after purchasing an additional 321 shares in the last quarter. Atlas Brown Inc. increased its position in shares of ProShares Russell 2000 Dividend Growers ETF by 4.0% in the fourth quarter. Atlas Brown Inc. now owns 6,108 shares of the company’s stock worth $413,000 after purchasing an additional 236 shares during the last quarter. JPMorgan Chase & Co. raised its stake in ProShares Russell 2000 Dividend Growers ETF by 58.9% in the third quarter. JPMorgan Chase & Co. now owns 29,024 shares of the company’s stock valued at $2,010,000 after purchasing an additional 10,760 shares in the last quarter. Finally, World Investment Advisors LLC lifted its position in ProShares Russell 2000 Dividend Growers ETF by 12.5% during the third quarter. World Investment Advisors LLC now owns 7,951 shares of the company’s stock valued at $551,000 after purchasing an additional 886 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Price Performance

Shares of BATS:SMDV opened at $69.18 on Wednesday. The company’s fifty day moving average price is $70.78 and its 200-day moving average price is $69.14. The firm has a market capitalization of $843.96 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a one year low of $51.23 and a one year high of $58.30.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.5398 dividend. 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.