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

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

Bahl & Gaynor Small/Mid Cap Income Growth ETF Trading Down 0.7%

NYSEARCA SMIG traded down $0.22 during trading hours on Thursday, hitting $31.25. 133,801 shares of the company’s stock traded hands, compared to its average volume of 249,101. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 52 week low of $25.24 and a 52 week high of $31.83. The firm has a market capitalization of $1.24 billion, a P/E ratio of 20.09 and a beta of 0.86. The business’s fifty day moving average price is $30.13 and its two-hundred day moving average price is $29.45.

Hedge Funds Weigh In On Bahl & Gaynor Small/Mid Cap Income Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of SMIG. JPMorgan Chase & Co. increased its position in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 4.2% in the fourth quarter. JPMorgan Chase & Co. now owns 152,832 shares of the company’s stock worth $4,402,000 after buying an additional 6,146 shares in the last quarter. Heritage Wealth Management Inc. lifted its position in shares of 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 buying an additional 4,200 shares in the last quarter. Wealth Intelligence LLC purchased a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter worth approximately $2,292,000. Transcend Capital Advisors LLC purchased a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter worth approximately $1,338,000. Finally, Janney Montgomery Scott LLC raised its stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 19.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,317 shares of the company’s stock worth $470,000 after acquiring 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.