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

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

Bahl & Gaynor Small/Mid Cap Income Growth ETF Stock Performance

NYSEARCA:SMIG traded down $0.28 during trading on Thursday, reaching $31.19. The company’s stock had a trading volume of 112,791 shares, compared to its average volume of 248,482. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 12 month low of $25.24 and a 12 month high of $31.83. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 20.09 and a beta of 0.86. The firm has a 50 day moving average of $30.13 and a 200-day moving average of $29.45.

Institutional Trading of Bahl & Gaynor Small/Mid Cap Income Growth ETF

Several hedge funds have recently added to or reduced their stakes in SMIG. Wealth Intelligence LLC purchased a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the fourth quarter valued at about $2,292,000. Cornerstone Financial Management LLC bought a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter worth approximately $81,000. Arkadios Wealth Advisors purchased a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the fourth quarter valued at approximately $218,000. Janney Montgomery Scott LLC grew its holdings in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 19.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 16,317 shares of the company’s stock valued at $470,000 after purchasing an additional 2,656 shares during the period. Finally, 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 during the last quarter.

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.