Heritage Wealth Management Inc. Trims Stock Position in ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD)

Heritage Wealth Management Inc. decreased its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,650 shares of the company’s stock after selling 300 shares during the period. Heritage Wealth Management Inc. owned approximately 0.59% of ProShares MSCI EAFE Dividend Growers ETF worth $468,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Anson Capital Inc. lifted its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF by 2.8% in the 4th quarter. Anson Capital Inc. now owns 9,586 shares of the company’s stock valued at $355,000 after buying an additional 259 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF by 7.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 17,474 shares of the company’s stock valued at $670,000 after buying an additional 1,221 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF by 1.3% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 71,627 shares of the company’s stock valued at $2,996,000 after buying an additional 918 shares during the period.

ProShares MSCI EAFE Dividend Growers ETF Price Performance

EFAD opened at $38.64 on Friday. The business has a 50 day simple moving average of $37.84 and a 200-day simple moving average of $39.24. The stock has a market capitalization of $64.14 million, a P/E ratio of 22.65 and a beta of 0.83. ProShares MSCI EAFE Dividend Growers ETF has a 12 month low of $33.18 and a 12 month high of $40.40.

ProShares MSCI EAFE Dividend Growers ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.3302 dividend. The ex-dividend date was Monday, December 23rd.

About ProShares MSCI EAFE Dividend Growers ETF

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.