Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Shares Set to Pay Monthly Dividend of $0.04

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) announced a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.0420 per share on Thursday, October 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, September 29th.

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

SMIG stock opened at $31.30 on Tuesday. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 12 month low of $27.66 and a 12 month high of $33.70. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 20.09 and a beta of 0.81. The firm has a 50-day moving average of $32.60 and a two-hundred day moving average of $31.73.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp acquired a new position in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 1st quarter valued at about $4,127,000. Parallel Advisors LLC raised its stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 735.3% during the first quarter. Parallel Advisors LLC now owns 7,935 shares of the company’s stock worth $233,000 after purchasing an additional 6,985 shares during the period. Finally, Cornerstone Financial Management LLC acquired a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter valued at about $81,000.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Company Profile

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.