Royal Bank of Canada Has $401,000 Stock Holdings in ProShares MSCI EAFE Dividend Growers ETF $EFAD

Royal Bank of Canada trimmed its stake in shares of ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) by 76.0% in the first quarter, HoldingsChannel.com reports. The fund owned 9,787 shares of the company’s stock after selling 30,915 shares during the quarter. Royal Bank of Canada’s holdings in ProShares MSCI EAFE Dividend Growers ETF were worth $401,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. MWA Asset Management bought a new position in shares of ProShares MSCI EAFE Dividend Growers ETF in the first quarter worth $319,000. Sanctuary Advisors LLC lifted its position in ProShares MSCI EAFE Dividend Growers ETF by 10.8% during the first quarter. Sanctuary Advisors LLC now owns 20,136 shares of the company’s stock worth $824,000 after purchasing an additional 1,964 shares during the period. Fifth Third Bancorp bought a new stake in ProShares MSCI EAFE Dividend Growers ETF during the first quarter worth about $54,000. Key Financial Inc grew its stake in ProShares MSCI EAFE Dividend Growers ETF by 38.7% during the first quarter. Key Financial Inc now owns 92,671 shares of the company’s stock worth $3,794,000 after buying an additional 25,871 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in ProShares MSCI EAFE Dividend Growers ETF by 2.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 80,054 shares of the company’s stock worth $3,278,000 after buying an additional 2,269 shares in the last quarter.

ProShares MSCI EAFE Dividend Growers ETF Stock Down 0.7%

EFAD stock opened at $45.28 on Thursday. ProShares MSCI EAFE Dividend Growers ETF has a 12 month low of $39.53 and a 12 month high of $45.58. The firm has a market cap of $75.16 million, a P/E ratio of 21.63 and a beta of 0.77. The company’s 50-day moving average price is $43.65 and its two-hundred day moving average price is $42.79.

ProShares MSCI EAFE Dividend Growers ETF Profile

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.