First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Holdings Lowered by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 60.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 234,055 shares of the company’s stock after selling 361,501 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.09% of First Trust SMID Cap Rising Dividend Achievers ETF worth $9,498,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Verdence Capital Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter worth approximately $8,420,000. Valley National Advisers Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the 3rd quarter. Valley National Advisers Inc. now owns 83,691 shares of the company’s stock worth $3,396,000 after acquiring an additional 1,416 shares in the last quarter. Bright Financial Advisors Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.4% during the 3rd quarter. Bright Financial Advisors Inc. now owns 189,499 shares of the company’s stock worth $7,690,000 after acquiring an additional 6,184 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% during the 3rd quarter. Capital Investment Advisors LLC now owns 4,853,868 shares of the company’s stock worth $196,970,000 after acquiring an additional 123,083 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% in the third quarter. Fifth Third Wealth Advisors LLC now owns 10,900 shares of the company’s stock valued at $442,000 after acquiring an additional 977 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $42.07 on Wednesday. The company’s 50 day simple moving average is $42.22 and its 200 day simple moving average is $41.88. The stock has a market capitalization of $11.10 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.40 and a 1 year high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a dividend of $0.1002 per share. The ex-dividend date was Thursday, September 24th. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. This represents a $0.40 annualized dividend and a yield of 1.0%.

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.