First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Short Interest Update

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 185,700 shares, a decline of 26.7% from the October 31st total of 253,300 shares. Based on an average daily volume of 1,357,800 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust SMID Cap Rising Dividend Archievers ETF

A number of large investors have recently modified their holdings of the company. Capital Investment Advisors LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 38,705.4% in the 2nd quarter. Capital Investment Advisors LLC now owns 3,007,808 shares of the company’s stock worth $100,401,000 after purchasing an additional 3,000,057 shares in the last quarter. LPL Financial LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after buying an additional 2,628,717 shares in the last quarter. Park National Corp OH grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% during the third quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock worth $92,079,000 after buying an additional 1,885,435 shares in the last quarter. Cetera Investment Advisers increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 205.3% in the 1st quarter. Cetera Investment Advisers now owns 1,840,629 shares of the company’s stock worth $64,091,000 after acquiring an additional 1,237,801 shares during the last quarter. Finally, Smith Chas P & Associates PA Cpas bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth about $32,429,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.3 %

Shares of NASDAQ:SDVY traded up $0.11 during midday trading on Friday, reaching $39.95. 895,857 shares of the company traded hands, compared to its average volume of 1,189,256. The firm’s fifty day moving average price is $37.31 and its two-hundred day moving average price is $35.42. The firm has a market capitalization of $6.99 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $29.18 and a 12 month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1383 per share. This represents a $0.55 annualized dividend and a dividend yield of 1.38%. The ex-dividend date 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.