Private Advisor Group LLC Boosts Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Private Advisor Group LLC increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 43.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 697,464 shares of the company’s stock after buying an additional 211,827 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $22,856,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Elevated Capital Advisors LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.8% during the 4th quarter. Elevated Capital Advisors LLC now owns 18,756 shares of the company’s stock valued at $615,000 after buying an additional 323 shares in the last quarter. Harbor Investment Advisory LLC lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 123.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 970 shares of the company’s stock worth $32,000 after purchasing an additional 535 shares in the last quarter. Investment Partners LTD. boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 2.7% in the 3rd quarter. Investment Partners LTD. now owns 20,734 shares of the company’s stock worth $585,000 after purchasing an additional 540 shares during the period. Avidian Wealth Solutions LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 4.8% during the 4th quarter. Avidian Wealth Solutions LLC now owns 15,866 shares of the company’s stock valued at $520,000 after buying an additional 722 shares in the last quarter. Finally, Lincoln National Corp raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.3% during the third quarter. Lincoln National Corp now owns 12,746 shares of the company’s stock valued at $360,000 after buying an additional 868 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 1.2 %

Shares of NASDAQ:SDVY traded up $0.40 during midday trading on Monday, reaching $34.12. 902,994 shares of the company were exchanged, compared to its average volume of 1,096,096. The stock has a market cap of $4.15 billion, a PE ratio of 7.97 and a beta of 1.18. The business’s fifty day moving average is $33.46 and its two-hundred day moving average is $31.67. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $25.06 and a one year high of $34.96.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.1032 dividend. This represents a $0.41 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date was Thursday, March 21st.

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.