D.A. Davidson & CO. Boosts Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

D.A. Davidson & CO. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 19.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 248,831 shares of the company’s stock after acquiring an additional 39,878 shares during the period. D.A. Davidson & CO. owned 0.29% of First Trust SMID Cap Rising Dividend Archievers ETF worth $8,154,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SDVY. Harbor Investment Advisory LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 123.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 970 shares of the company’s stock worth $32,000 after purchasing an additional 535 shares during the last quarter. CWM LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth about $107,000. DHJJ Financial Advisors Ltd. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 111.2% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 5,743 shares of the company’s stock worth $188,000 after purchasing an additional 3,024 shares during the last quarter. Salem Investment Counselors Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth about $190,000. Finally, Waterfront Wealth Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth about $214,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.5 %

Shares of NASDAQ:SDVY opened at $34.52 on Wednesday. The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The business has a 50-day moving average price of $33.80 and a 200 day moving average price of $32.30. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $25.36 and a 12-month high of $34.97.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.1032 dividend. This represents a $0.41 annualized dividend and a yield of 1.20%. The ex-dividend date was Thursday, March 21st.

First Trust SMID Cap Rising Dividend Archievers 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.