First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC trimmed its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 13.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 250,075 shares of the company’s stock after selling 39,229 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $8,195,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Waterfront Wealth Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at approximately $214,000. Arvest Investments Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $5,578,000. B. Riley Wealth Advisors Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 4.9% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 19,338 shares of the company’s stock worth $546,000 after purchasing an additional 903 shares during the last quarter. Raymond James & Associates raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 29.7% during the 4th quarter. Raymond James & Associates now owns 2,579,613 shares of the company’s stock worth $84,534,000 after purchasing an additional 590,680 shares during the last quarter. Finally, Crumly & Associates Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $707,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 1.3 %

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock traded down $0.42 during trading on Tuesday, hitting $33.08. 296,713 shares of the company were exchanged, compared to its average volume of 1,094,839. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $24.70 and a fifty-two week high of $34.96. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 7.97 and a beta of 1.18. The firm has a 50 day moving average price of $33.40 and a 200 day moving average price of $31.52.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.1032 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.41 annualized dividend and a dividend yield of 1.25%.

First Trust SMID Cap Rising Dividend Archievers 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.