Stratos Wealth Partners LTD. Raises Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Stratos Wealth Partners LTD. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 14.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 177,771 shares of the company’s stock after buying an additional 22,329 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $6,373,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SDVY. LPL Financial LLC increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after acquiring an additional 2,628,717 shares during the last quarter. Raymond James & Associates grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the 3rd quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after purchasing an additional 669,172 shares during the period. Advance Capital Management Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $17,603,000. Stifel Financial Corp lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% in the 3rd quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock worth $90,415,000 after purchasing an additional 347,799 shares during the period. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter worth approximately $12,398,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.5 %

Shares of NASDAQ SDVY opened at $37.18 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $31.50 and a 12-month high of $40.60. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The firm has a 50 day moving average of $37.30 and a 200 day moving average of $36.53.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.