Symphony Financial Ltd. Co. Raises Stock Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Symphony Financial Ltd. Co. raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 30.0% during the second quarter, Holdings Channel.com reports. The fund owned 61,688 shares of the company’s stock after buying an additional 14,249 shares during the period. Symphony Financial Ltd. Co.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,650,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Smartleaf Asset Management LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at approximately $28,000. Anchor Investment Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter worth approximately $30,000. High Note Wealth LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth approximately $32,000. Russell Investments Group Ltd. grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 254.2% during the 4th quarter. Russell Investments Group Ltd. now owns 1,151 shares of the company’s stock valued at $44,000 after buying an additional 826 shares in the last quarter. Finally, Tucker Asset Management LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at approximately $49,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $42.76 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.40 and a 1 year high of $45.11. The firm’s 50 day moving average price is $43.61 and its 200-day moving average price is $42.08. The stock has a market cap of $11.30 billion, a P/E ratio of 14.54 and a beta of 1.00.

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. Shareholders of record on Thursday, June 25th were issued a dividend of $0.0901 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 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.