Secured Retirement Advisors LLC Sells 1,400 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Secured Retirement Advisors LLC reduced its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 3.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,340 shares of the company’s stock after selling 1,400 shares during the period. Secured Retirement Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,600,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. LPL Financial LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 6.6% in the 1st quarter. LPL Financial LLC now owns 23,374,014 shares of the company’s stock worth $783,029,000 after purchasing an additional 1,438,128 shares during the period. Raymond James Financial Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 17.5% in the first quarter. Raymond James Financial Inc. now owns 12,496,285 shares of the company’s stock valued at $418,626,000 after acquiring an additional 1,860,262 shares during the period. Royal Bank of Canada boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 5.3% in the 1st quarter. Royal Bank of Canada now owns 5,893,579 shares of the company’s stock valued at $197,436,000 after purchasing an additional 294,498 shares during the period. Cetera Investment Advisers boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 45.1% in the 1st quarter. Cetera Investment Advisers now owns 5,003,154 shares of the company’s stock valued at $167,606,000 after purchasing an additional 1,556,017 shares during the period. Finally, Capital Investment Advisors LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 6.4% in the 2nd quarter. Capital Investment Advisors LLC now owns 3,972,146 shares of the company’s stock valued at $140,137,000 after purchasing an additional 240,655 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $37.61 on Wednesday. The company has a market cap of $8.87 billion, a price-to-earnings ratio of 14.54 and a beta of 1.18. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $28.84 and a one year high of $40.60. The firm has a fifty day moving average price of $37.56 and a two-hundred day moving average price of $35.30.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

About First Trust SMID Cap Rising Dividend Achievers ETF

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.