Gladstone Institutional Advisory LLC Acquires 12,240 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Gladstone Institutional Advisory LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 141,533 shares of the company’s stock after acquiring an additional 12,240 shares during the quarter. Gladstone Institutional Advisory LLC owned 0.06% of First Trust SMID Cap Rising Dividend Archievers ETF worth $5,074,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. LPL Financial LLC grew 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 buying an additional 2,628,717 shares during the period. Raymond James & Associates grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third 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. Capital Investment Advisors LLC increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% in the fourth quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock worth $125,835,000 after buying an additional 267,372 shares during the last quarter. Park National Corp OH lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% during the 4th quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock valued at $101,369,000 after buying an additional 296,558 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% during the 3rd quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock worth $90,415,000 after acquiring an additional 347,799 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $36.95 on Wednesday. The stock has a market capitalization of $8.23 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $31.50 and a 52-week high of $40.60. The stock’s 50-day simple moving average is $37.07 and its 200 day simple moving average is $36.57.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1821 dividend. 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.