First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Purchased by First Trust Advisors LP

First Trust Advisors LP boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 17.7% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 535,680 shares of the company’s stock after buying an additional 80,684 shares during the quarter. First Trust Advisors LP’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $21,114,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. LPL Financial LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the fourth 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 raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% in 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 last quarter. Raymond James Financial Inc. raised its holdings in shares of 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 acquiring an additional 1,261,249 shares during the last quarter. Bank of America Corp DE lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the third quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after acquiring an additional 614,123 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.2% in the fourth quarter. Cetera Investment Advisers now owns 7,715,939 shares of the company’s stock valued at $295,675,000 after acquiring an additional 451,662 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 1.1%

SDVY opened at $43.66 on Thursday. The firm has a market cap of $11.53 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $35.03 and a 52 week high of $44.19. The business’s fifty day simple moving average is $42.47 and its 200 day simple moving average is $41.52.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.0901 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, June 25th.

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.