Y Intercept Hong Kong Ltd Has $1.65 Million Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Y Intercept Hong Kong Ltd trimmed its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 45.9% in the third quarter, HoldingsChannel reports. The firm owned 43,473 shares of the company’s stock after selling 36,869 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Valley National Advisers Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% during the 3rd quarter. Valley National Advisers Inc. now owns 58,799 shares of the company’s stock worth $2,235,000 after buying an additional 282 shares during the last quarter. Purus Wealth Management LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% in the 3rd quarter. Purus Wealth Management LLC now owns 52,491 shares of the company’s stock valued at $1,996,000 after acquiring an additional 284 shares during the period. Moloney Securities Asset Management LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the second quarter. Moloney Securities Asset Management LLC now owns 10,260 shares of the company’s stock worth $362,000 after acquiring an additional 291 shares during the last quarter. MinichMacGregor Wealth Management LLC lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 6,212 shares of the company’s stock worth $236,000 after purchasing an additional 302 shares during the last quarter. Finally, Partners Wealth Management LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% in the 3rd quarter. Partners Wealth Management LLC now owns 26,508 shares of the company’s stock valued at $1,008,000 after purchasing an additional 334 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY stock opened at $40.55 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $41.33. The stock has a market capitalization of $10.14 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. The business’s fifty day moving average price is $39.25 and its two-hundred day moving average price is $38.00.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

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.