First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC reduced its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 36.7% during the 3rd quarter, Holdings Channel reports. The fund owned 34,031 shares of the company’s stock after selling 19,700 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,381,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SDVY. MCF Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth about $9,702,000. Pinnacle Wealth Management Advisory Group LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 9.7% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 212,206 shares of the company’s stock worth $9,155,000 after acquiring an additional 18,769 shares during the last quarter. Guardian Wealth Advisors LLC NC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.4% in the second quarter. Guardian Wealth Advisors LLC NC now owns 571,663 shares of the company’s stock worth $24,662,000 after acquiring an additional 24,311 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 13.0% during the 2nd quarter. Benjamin Edwards Inc. now owns 298,897 shares of the company’s stock worth $12,896,000 after acquiring an additional 34,295 shares in the last quarter. Finally, Southern Financial Group LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 0.9% during the 1st quarter. Southern Financial Group LLC now owns 1,303,502 shares of the company’s stock worth $51,397,000 after acquiring an additional 11,694 shares in the last quarter.

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

NASDAQ SDVY opened at $42.58 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $36.40 and a 52 week high of $45.11. The firm has a 50 day moving average of $42.06 and a two-hundred day moving average of $41.94. The stock has a market capitalization of $11.24 billion, a PE ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a dividend of $0.1002 per share. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.9%.

First Trust SMID Cap Rising Dividend Achievers ETF 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.