Global Assets Advisory LLC Decreases Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Global Assets Advisory LLC lessened its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 67.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,658 shares of the company’s stock after selling 30,488 shares during the quarter. Global Assets Advisory LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $527,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SDVY. GAMMA Investing LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% during the first quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock worth $144,000 after purchasing an additional 4,160 shares in the last quarter. Kraematon Investment Advisors Inc. increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 23.6% during the 1st quarter. Kraematon Investment Advisors Inc. now owns 23,011 shares of the company’s stock valued at $771,000 after buying an additional 4,396 shares in the last quarter. KMG Fiduciary Partners LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 20.3% during the 1st quarter. KMG Fiduciary Partners LLC now owns 102,978 shares of the company’s stock valued at $3,450,000 after buying an additional 17,368 shares in the last quarter. Griffith & Werner Inc. raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 26.7% in the first quarter. Griffith & Werner Inc. now owns 86,177 shares of the company’s stock valued at $2,887,000 after buying an additional 18,173 shares during the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% in the first quarter. Capital Investment Advisors LLC now owns 3,731,491 shares of the company’s stock worth $125,005,000 after acquiring an additional 221,441 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of SDVY stock opened at $38.02 on Monday. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $40.60. The firm has a market capitalization of $8.96 billion, a price-to-earnings ratio of 14.54 and a beta of 1.18. The stock’s 50-day simple moving average is $37.51 and its 200-day simple moving average is $35.26.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.