First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Position Raised by Crumly & Associates Inc.

Crumly & Associates Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 22.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 574,336 shares of the company’s stock after buying an additional 105,507 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises 4.1% of Crumly & Associates Inc.’s portfolio, making the stock its 5th largest holding. Crumly & Associates Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $23,307,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the first quarter worth $30,000. Orion Capital Management LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter valued at about $39,000. Olistico Wealth LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth about $41,000. Torren Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter worth approximately $50,000. Finally, Parkside Financial Bank & Trust bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter valued at about $51,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 1.5%

Shares of NASDAQ:SDVY traded down $0.63 on Wednesday, hitting $40.89. 584,581 shares of the company were exchanged, compared to its average volume of 1,292,822. The firm has a market capitalization of $10.88 billion, a P/E ratio of 14.54 and a beta of 1.01. The stock’s 50 day moving average price is $43.03 and its 200 day moving average price is $42.21. 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 announced 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. The ex-dividend date was Thursday, September 24th. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901.

First Trust SMID Cap Rising Dividend Achievers 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.