Entruity Wealth LLC Decreases Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Entruity Wealth LLC trimmed its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 31.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,167 shares of the company’s stock after selling 28,487 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises 1.7% of Entruity Wealth LLC’s investment portfolio, making the stock its 19th largest position. Entruity Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,344,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SDVY. Focus Partners Wealth raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% during the 1st quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock valued at $1,464,000 after buying an additional 12,748 shares in the last quarter. Creative Planning raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% during the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock valued at $331,000 after buying an additional 2,270 shares in the last quarter. Brown Advisory Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% during the 2nd quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock valued at $497,000 after buying an additional 621 shares in the last quarter. Cerity Partners LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter valued at about $1,897,000. Finally, Qube Research & Technologies Ltd raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock valued at $13,008,000 after buying an additional 241,547 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY opened at $41.80 on Friday. The stock’s 50 day simple moving average is $40.85 and its 200 day simple moving average is $39.84. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $33.44 and a 1 year high of $42.89. The firm has a market cap of $10.82 billion, a price-to-earnings ratio of 14.54 and a beta of 1.04.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0976 per share. This represents a $0.39 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, March 26th.

First Trust SMID Cap Rising Dividend Achievers 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.