First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock: Total Clarity Wealth Management Inc. Trims Holdings

Total Clarity Wealth Management Inc. lessened its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 33.4% during the 3rd quarter, Holdings Channel reports. The firm owned 44,308 shares of the company’s stock after selling 22,189 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,798,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Verdence Capital Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter valued at about $8,420,000. Valley National Advisers Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% in the third quarter. Valley National Advisers Inc. now owns 83,691 shares of the company’s stock valued at $3,396,000 after buying an additional 1,416 shares in the last quarter. Bright Financial Advisors Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 3.4% in the third quarter. Bright Financial Advisors Inc. now owns 189,499 shares of the company’s stock valued at $7,690,000 after buying an additional 6,184 shares in the last quarter. Capital Investment Advisors LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% during the third quarter. Capital Investment Advisors LLC now owns 4,853,868 shares of the company’s stock worth $196,970,000 after buying an additional 123,083 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% during the third quarter. Fifth Third Wealth Advisors LLC now owns 10,900 shares of the company’s stock worth $442,000 after buying an additional 977 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.4%

Shares of NASDAQ:SDVY opened at $42.07 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $36.40 and a 1-year high of $45.11. The stock has a market capitalization of $11.10 billion, a P/E ratio of 14.54 and a beta of 1.01. The business has a 50-day moving average price of $42.22 and a two-hundred day moving average price of $41.88.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

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.