First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Position Decreased by DHJJ Financial Advisors Ltd.

DHJJ Financial Advisors Ltd. cut its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 23.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,339 shares of the company’s stock after selling 5,411 shares during the quarter. DHJJ Financial Advisors Ltd.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $612,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SDVY. Raymond James Financial Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 17.5% during the 1st quarter. Raymond James Financial Inc. now owns 12,496,285 shares of the company’s stock worth $418,626,000 after acquiring an additional 1,860,262 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 45.1% during the 1st quarter. Cetera Investment Advisers now owns 5,003,154 shares of the company’s stock worth $167,606,000 after acquiring an additional 1,556,017 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.6% in the first quarter. LPL Financial LLC now owns 23,374,014 shares of the company’s stock valued at $783,029,000 after purchasing an additional 1,438,128 shares in the last quarter. Csenge Advisory Group lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 188.0% in the first quarter. Csenge Advisory Group now owns 656,487 shares of the company’s stock valued at $20,574,000 after purchasing an additional 428,508 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 38.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,493,516 shares of the company’s stock valued at $50,033,000 after purchasing an additional 415,096 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.1%

SDVY opened at $37.97 on Friday. The stock has a fifty day moving average of $37.48 and a 200-day moving average of $35.20. The firm has a market capitalization of $8.80 billion, a P/E ratio of 14.54 and a beta of 1.18. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.095 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.0%.

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.