14,864 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by Triumph Capital Management

Triumph Capital Management decreased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 8.2% during the third quarter, Holdings Channel.com reports. The fund owned 165,601 shares of the company’s stock after selling 14,864 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for approximately 1.2% of Triumph Capital Management’s holdings, making the stock its 13th biggest holding. Triumph Capital Management’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $6,720,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. OakTrust Wealth Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth approximately $2,374,000. Pinnacle Wealth Management Advisory Group LLC grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 9.7% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 212,206 shares of the company’s stock worth $9,155,000 after purchasing an additional 18,769 shares during the last quarter. MCF Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter valued at approximately $9,702,000. Guardian Wealth Advisors LLC NC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.4% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 571,663 shares of the company’s stock valued at $24,662,000 after purchasing an additional 24,311 shares in the last quarter. Finally, IFC & Insurance Marketing Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 48.1% during the 1st quarter. IFC & Insurance Marketing Inc. now owns 88,394 shares of the company’s stock valued at $3,485,000 after purchasing an additional 28,701 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.7%

Shares of NASDAQ SDVY traded down $0.29 during midday trading on Wednesday, reaching $41.09. The company had a trading volume of 891,701 shares, compared to its average volume of 1,289,645. The business’s 50-day simple moving average is $42.68 and its 200 day simple moving average is $42.29. The stock has a market cap of $10.89 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.40 and a 1 year high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.1002 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date of this dividend was Thursday, September 24th.

First Trust SMID Cap Rising Dividend Achievers 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.