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

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) announced a monthly dividend on Monday, September 28th. Shareholders 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 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, September 29th.

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

SMIG opened at $31.30 on Tuesday. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 52-week low of $27.66 and a 52-week high of $33.70. The company has a market cap of $1.43 billion, a P/E ratio of 20.09 and a beta of 0.81. The firm’s 50-day moving average price is $32.60 and its 200-day moving average price is $31.73.

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 stock. Parallel Advisors LLC boosted its position in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 735.3% in the first quarter. Parallel Advisors LLC now owns 7,935 shares of the company’s stock valued at $233,000 after buying an additional 6,985 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF during the first quarter valued at $4,127,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 4th quarter valued at about $81,000.

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.