First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Procyon Advisors LLC

Procyon Advisors LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 8.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 238,044 shares of the company’s stock after purchasing an additional 19,136 shares during the period. Procyon Advisors LLC owned approximately 0.10% of First Trust SMID Cap Rising Dividend Achievers ETF worth $9,050,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Valley National Advisers Inc. grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% during the third quarter. Valley National Advisers Inc. now owns 58,799 shares of the company’s stock worth $2,235,000 after acquiring an additional 282 shares during the period. Purus Wealth Management LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% during the 3rd quarter. Purus Wealth Management LLC now owns 52,491 shares of the company’s stock valued at $1,996,000 after purchasing an additional 284 shares in the last quarter. Moloney Securities Asset Management LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 10,260 shares of the company’s stock valued at $362,000 after purchasing an additional 291 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 28,969 shares of the company’s stock worth $1,022,000 after purchasing an additional 333 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.8% in the 2nd quarter. Ameritas Advisory Services LLC now owns 41,112 shares of the company’s stock worth $1,450,000 after purchasing an additional 335 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY stock opened at $40.11 on Thursday. The firm has a market cap of $9.94 billion, a PE ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $28.84 and a 12 month high of $40.30. The firm has a 50 day simple moving average of $38.55 and a 200 day simple moving average of $37.67.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.1305 per share. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, December 12th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.3%.

About First Trust SMID Cap Rising Dividend Achievers ETF

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.