Ellsworth Advisors LLC Has $354,000 Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Ellsworth Advisors LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 31.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,729 shares of the company’s stock after purchasing an additional 2,303 shares during the quarter. Ellsworth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $354,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Marshall Financial Group LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 7.2% in the third quarter. Marshall Financial Group LLC now owns 42,059 shares of the company’s stock valued at $1,530,000 after buying an additional 2,811 shares during the period. Global Retirement Partners LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 83.4% in the 3rd quarter. Global Retirement Partners LLC now owns 47,976 shares of the company’s stock valued at $1,745,000 after acquiring an additional 21,819 shares during the period. Good Life Advisors LLC boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 2.1% during the 3rd quarter. Good Life Advisors LLC now owns 478,097 shares of the company’s stock worth $17,393,000 after acquiring an additional 9,914 shares during the last quarter. Summit Investment Advisory Services LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at approximately $2,008,000. Finally, Naviter Wealth LLC increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 25.7% in the third quarter. Naviter Wealth LLC now owns 133,117 shares of the company’s stock valued at $4,843,000 after purchasing an additional 27,252 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

SDVY opened at $37.30 on Friday. The firm’s fifty day moving average is $35.59 and its two-hundred day moving average is $34.51. The firm has a market cap of $6.40 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $26.40 and a twelve month high of $37.55.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1383 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.55 annualized dividend and a yield of 1.48%.

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.