First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 46.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 154,940 shares of the company’s stock after acquiring an additional 49,160 shares during the quarter. NewEdge Advisors LLC owned approximately 0.10% of First Trust SMID Cap Rising Dividend Archievers ETF worth $5,172,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hazlett Burt & Watson Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter worth $28,000. Benjamin Edwards Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter worth about $32,000. Mather Group LLC. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth about $35,000. EverSource Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter valued at about $34,000. Finally, VitalStone Financial LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $39,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY opened at $35.96 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.40 and a 12 month high of $37.25. The stock has a market cap of $6.05 billion, a P/E ratio of 8.30 and a beta of 1.18. The stock’s 50 day moving average price is $35.15 and its 200 day moving average price is $34.27.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date was Thursday, September 26th.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.