Ellsworth Advisors LLC Buys 2,303 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Ellsworth Advisors LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 31.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,729 shares of the company’s stock after acquiring an additional 2,303 shares during the period. Ellsworth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $354,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Investment Partners LTD. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.5% during the first quarter. Investment Partners LTD. now owns 21,271 shares of the company’s stock worth $741,000 after buying an additional 315 shares in the last quarter. CX Institutional grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% during the 3rd quarter. CX Institutional now owns 94,576 shares of the company’s stock worth $3,441,000 after acquiring an additional 383 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock valued at $1,205,000 after purchasing an additional 417 shares during the last quarter. World Equity Group Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the second quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock worth $3,622,000 after purchasing an additional 423 shares in the last quarter. Finally, Private Client Services LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% during the second quarter. Private Client Services LLC now owns 6,929 shares of the company’s stock worth $231,000 after purchasing an additional 426 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.4 %

Shares of SDVY stock opened at $37.30 on Friday. The firm’s fifty day moving average price is $35.59 and its two-hundred day moving average price is $34.51. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $26.40 and a 1 year high of $37.55. The firm has a market capitalization of $6.40 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.