Cozad Asset Management Inc. Reduces Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Cozad Asset Management Inc. cut its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,397 shares of the company’s stock after selling 3,194 shares during the quarter. Cozad Asset Management Inc. owned approximately 0.07% of First Trust SMID Cap Rising Dividend Archievers ETF worth $2,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. LPL Financial LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 15.8% in the third quarter. LPL Financial LLC now owns 6,870,147 shares of the company’s stock worth $193,944,000 after acquiring an additional 935,420 shares during the period. Raymond James & Associates raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 29.7% in the fourth quarter. Raymond James & Associates now owns 2,579,613 shares of the company’s stock worth $84,534,000 after buying an additional 590,680 shares in the last quarter. Truist Financial Corp lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 260.8% in the third quarter. Truist Financial Corp now owns 2,167,156 shares of the company’s stock worth $61,179,000 after buying an additional 1,566,457 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 34.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,576,591 shares of the company’s stock worth $51,665,000 after buying an additional 399,680 shares during the period. Finally, UBS Group AG boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 72.3% during the 3rd quarter. UBS Group AG now owns 1,175,873 shares of the company’s stock valued at $33,195,000 after acquiring an additional 493,510 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

SDVY stock opened at $32.77 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $24.70 and a fifty-two week high of $34.96. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 7.97 and a beta of 1.18. The business’s 50 day moving average price is $33.41 and its two-hundred day moving average price is $31.56.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.1032 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.41 annualized dividend and a yield of 1.26%.

First Trust SMID Cap Rising Dividend Archievers ETF Profile

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.