Blair William & Co. IL Lowers Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Blair William & Co. IL trimmed its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 0.4% during the second quarter, HoldingsChannel reports. The fund owned 1,265,220 shares of the company’s stock after selling 5,277 shares during the quarter. Blair William & Co. IL’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $44,637,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% in the 1st quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock valued at $144,000 after purchasing an additional 4,160 shares in the last quarter. CX Institutional raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.5% during the 1st quarter. CX Institutional now owns 108,147 shares of the company’s stock worth $3,623,000 after buying an additional 4,668 shares in the last quarter. Arvest Investments Inc. lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 12.5% in the 1st quarter. Arvest Investments Inc. now owns 208,729 shares of the company’s stock valued at $6,992,000 after buying an additional 23,132 shares during the period. Ballew Advisors Inc boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 23.7% in the first quarter. Ballew Advisors Inc now owns 26,062 shares of the company’s stock valued at $812,000 after buying an additional 5,000 shares in the last quarter. Finally, Sanchez Wealth Management Group boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.6% in the first quarter. Sanchez Wealth Management Group now owns 374,507 shares of the company’s stock valued at $12,546,000 after buying an additional 20,026 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY stock opened at $37.35 on Friday. The business’s fifty day moving average price is $37.62 and its 200 day moving average price is $35.34. The firm has a market capitalization of $8.86 billion, a PE ratio of 14.54 and a beta of 1.18. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $28.84 and a 1-year high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.095 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.0%.

First Trust SMID Cap Rising Dividend Achievers 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.