Meitav Investment House Ltd. Sells 19,418 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Meitav Investment House Ltd. cut its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 34.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,298 shares of the company’s stock after selling 19,418 shares during the period. Meitav Investment House Ltd.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SDVY. Legacy Capital Group California Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% in the third quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock valued at $1,645,000 after buying an additional 343 shares during the period. CX Institutional lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the 3rd quarter. CX Institutional now owns 94,576 shares of the company’s stock valued at $3,441,000 after purchasing an additional 383 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock valued at $1,205,000 after purchasing an additional 417 shares during the period. World Equity Group Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the 2nd quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock worth $3,622,000 after purchasing an additional 423 shares during the last quarter. Finally, Private Client Services LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% during the second quarter. Private Client Services LLC now owns 6,929 shares of the company’s stock worth $231,000 after purchasing an additional 426 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.4 %

NASDAQ SDVY opened at $36.58 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.61 and a 12 month high of $37.55. The stock has a 50-day simple moving average of $35.88 and a 200 day simple moving average of $34.65. The company has a market capitalization of $6.35 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently announced 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 1.51%.

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.