First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Trilogy Capital Inc.

Trilogy Capital Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 3.8% in the second quarter, Holdings Channel.com reports. The firm owned 583,903 shares of the company’s stock after acquiring an additional 21,253 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises approximately 1.0% of Trilogy Capital Inc.’s investment portfolio, making the stock its 25th largest position. Trilogy Capital Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $25,190,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. LPL Financial LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% in the 4th quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after buying an additional 1,135,800 shares in the last quarter. Morgan Stanley increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% during the fourth quarter. Morgan Stanley now owns 17,946,856 shares of the company’s stock worth $687,724,000 after acquiring an additional 130,885 shares during the period. Raymond James Financial Inc. lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% in the fourth quarter. Raymond James Financial Inc. now owns 14,105,263 shares of the company’s stock worth $540,514,000 after purchasing an additional 1,261,249 shares during the period. Bank of America Corp DE grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 9,463,585 shares of the company’s stock valued at $373,149,000 after purchasing an additional 564,137 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 7,943,362 shares of the company’s stock worth $313,207,000 after purchasing an additional 227,423 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 1.3%

SDVY stock opened at $44.35 on Tuesday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $35.63 and a twelve month high of $44.40. The company has a market cap of $11.72 billion, a P/E ratio of 14.54 and a beta of 1.01. The business has a fifty day moving average of $42.62 and a 200-day moving average of $41.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.0901 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%.

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.