First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 2.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,103,636 shares of the company’s stock after selling 63,520 shares during the period. Truist Financial Corp owned approximately 2.50% of First Trust SMID Cap Rising Dividend Achievers ETF worth $68,936,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Harbor Investment Advisory LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 123.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 970 shares of the company’s stock worth $32,000 after acquiring an additional 535 shares during the period. CWM LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $107,000. DHJJ Financial Advisors Ltd. lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 111.2% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 5,743 shares of the company’s stock worth $188,000 after acquiring an additional 3,024 shares during the period. Salem Investment Counselors Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $190,000. Finally, Waterfront Wealth Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $214,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

SDVY stock opened at $33.30 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $24.70 and a one year high of $34.96. The stock has a market capitalization of $3.99 billion, a PE ratio of 7.92 and a beta of 1.18. The company has a fifty day moving average of $33.38 and a 200-day moving average of $31.46.

First Trust SMID Cap Rising Dividend Achievers ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.1032 dividend. This represents a $0.41 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Thursday, March 21st.

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.