First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Acquired by Financial Advocates Investment Management

Financial Advocates Investment Management increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 16.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 130,486 shares of the company’s stock after purchasing an additional 18,503 shares during the quarter. Financial Advocates Investment Management owned 0.08% of First Trust SMID Cap Rising Dividend Archievers ETF worth $4,747,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. SeaCrest Wealth Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter worth $387,000. Accel Wealth Management boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.9% during the first quarter. Accel Wealth Management now owns 7,389 shares of the company’s stock worth $257,000 after buying an additional 605 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 108.1% during the first quarter. Ashton Thomas Private Wealth LLC now owns 42,536 shares of the company’s stock worth $1,481,000 after buying an additional 22,099 shares during the period. Private Advisor Group LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 21.8% during the first quarter. Private Advisor Group LLC now owns 849,602 shares of the company’s stock worth $29,583,000 after buying an additional 152,138 shares during the period. Finally, Concourse Financial Group Securities Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 558.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 199,197 shares of the company’s stock worth $6,936,000 after buying an additional 168,922 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.6 %

SDVY opened at $36.45 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $26.61 and a 52 week high of $37.55. The business has a fifty day simple moving average of $35.88 and a 200-day simple moving average of $34.65. The firm has a market cap of $6.33 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1383 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.55 annualized dividend and a dividend yield of 1.52%.

First Trust SMID Cap Rising Dividend Archievers 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.