First Trust SMID Cap Rising Dividend Achievers ETF $SDVY is Horizon Advisory Services Inc.’s 9th Largest Position

Horizon Advisory Services Inc. lessened its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 6.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,465 shares of the company’s stock after selling 1,647 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF comprises 0.4% of Horizon Advisory Services Inc.’s portfolio, making the stock its 9th biggest holding. Horizon Advisory Services Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $793,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Clear Creek Financial Management LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.4% during the 2nd quarter. Clear Creek Financial Management LLC now owns 28,224 shares of the company’s stock valued at $996,000 after buying an additional 391 shares in the last quarter. Trueblood Wealth Management LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 3.6% during the 2nd quarter. Trueblood Wealth Management LLC now owns 90,577 shares of the company’s stock valued at $3,196,000 after buying an additional 3,115 shares in the last quarter. Bennett Associates Wealth Management purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter valued at approximately $7,482,000. Belpointe Asset Management LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 6.8% during the 2nd quarter. Belpointe Asset Management LLC now owns 28,879 shares of the company’s stock valued at $1,019,000 after buying an additional 1,835 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 11.3% during the 2nd quarter. DAVENPORT & Co LLC now owns 25,158 shares of the company’s stock valued at $888,000 after buying an additional 2,546 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

NASDAQ SDVY opened at $37.84 on Thursday. The stock has a market capitalization of $8.93 billion, a PE ratio of 14.54 and a beta of 1.18. The business has a 50 day simple moving average of $37.59 and a two-hundred day simple moving average of $35.32. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $28.84 and a 1-year high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 25th.

About First Trust SMID Cap Rising Dividend Achievers ETF

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.