Avior Wealth Management LLC Sells 4,567 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Avior Wealth Management LLC reduced its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 18.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,787 shares of the company’s stock after selling 4,567 shares during the period. Avior Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $756,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SDVY. Capital Investment Advisors LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 38,705.4% in the second quarter. Capital Investment Advisors LLC now owns 3,007,808 shares of the company’s stock valued at $100,401,000 after acquiring an additional 3,000,057 shares in the last quarter. LPL Financial LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% in the second quarter. LPL Financial LLC now owns 15,358,397 shares of the company’s stock valued at $512,663,000 after acquiring an additional 2,105,789 shares in the last quarter. Park National Corp OH raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the third quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after acquiring an additional 1,885,435 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 205.3% in the first quarter. Cetera Investment Advisers now owns 1,840,629 shares of the company’s stock valued at $64,091,000 after acquiring an additional 1,237,801 shares in the last quarter. Finally, Smith Chas P & Associates PA Cpas purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at about $32,429,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY opened at $38.23 on Thursday. The business’s 50-day moving average is $36.63 and its two-hundred day moving average is $35.13. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $28.87 and a 1 year high of $39.24. The firm has a market capitalization of $6.69 billion, a PE 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. Shareholders of record on Thursday, September 26th were paid a $0.1383 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 annualized dividend and a yield of 1.45%.

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.