Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Declares $0.05 Monthly Dividend

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) declared a monthly dividend on Wednesday, February 25th. Stockholders of record on Thursday, February 26th will be paid a dividend of 0.047 per share on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Thursday, February 26th.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Stock Down 0.9%

Shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF stock traded down $0.28 during trading on Thursday, reaching $31.19. 112,791 shares of the stock were exchanged, compared to its average volume of 248,482. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 20.09 and a beta of 0.86. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 1 year low of $25.24 and a 1 year high of $31.83. The stock’s fifty day moving average is $30.13 and its 200 day moving average is $29.45.

Institutional Investors Weigh In On Bahl & Gaynor Small/Mid Cap Income Growth ETF

A number of large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its holdings in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF by 6.8% during the second quarter. JPMorgan Chase & Co. now owns 130,439 shares of the company’s stock valued at $3,763,000 after acquiring an additional 8,295 shares in the last quarter. Heritage Wealth Management Inc. increased its position in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 5.1% during the 2nd quarter. Heritage Wealth Management Inc. now owns 85,820 shares of the company’s stock valued at $2,476,000 after purchasing an additional 4,200 shares during the period. Transcend Capital Advisors LLC bought a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter worth $1,338,000. Parallel Advisors LLC purchased a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter worth about $27,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF by 19.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,317 shares of the company’s stock worth $470,000 after purchasing an additional 2,656 shares during the period.

About Bahl & Gaynor Small/Mid Cap Income Growth ETF

The AAM Bahl & Gaynor Small\u002FMid Cap Income Growth ETF (SMIG) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that invests in US mid and small-cap companies that selects and weights securities based on the advisers assessment. SMIG was launched on Aug 25, 2021 and is managed by AAM.