First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 45.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 485,885 shares of the company’s stock after purchasing an additional 152,968 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.28% of First Trust SMID Cap Rising Dividend Archievers ETF worth $17,677,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Hazlett Burt & Watson Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth about $28,000. Mather Group LLC. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter valued at $35,000. EverSource Wealth Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter valued at $34,000. ORG Partners LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth $73,000. Finally, Industrial Alliance Investment Management Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter worth $93,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 1.4 %

Shares of NASDAQ SDVY opened at $36.55 on Wednesday. The stock has a market capitalization of $6.40 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $27.26 and a 52 week high of $37.55. The firm has a 50-day simple moving average of $35.93 and a 200-day simple moving average of $34.76.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.1383 per share. This represents a $0.55 annualized dividend and a dividend yield of 1.51%. The ex-dividend date was Thursday, September 26th.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.