LFA Lugano Financial Advisors SA Has $61,000 Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

LFA Lugano Financial Advisors SA decreased its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 98.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,550 shares of the company’s stock after selling 105,408 shares during the quarter. LFA Lugano Financial Advisors SA’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $61,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Focus Partners Wealth lifted its holdings in 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 purchasing an additional 12,748 shares during the last quarter. Creative Planning boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% in the second 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. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% in the second 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 bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth about $1,897,000. Finally, Qube Research & Technologies Ltd grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% during the second quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock worth $13,008,000 after buying an additional 241,547 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.1%

NASDAQ SDVY opened at $42.92 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $35.03 and a 1-year high of $43.63. The company has a 50 day moving average of $42.04 and a 200-day moving average of $41.19. The firm has a market cap of $11.32 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.0901 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%.

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.