Spire Wealth Management Sells 669 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Spire Wealth Management cut its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 0.8% during the 2nd quarter, Holdings Channel reports. The firm owned 82,343 shares of the company’s stock after selling 669 shares during the period. Spire Wealth Management’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,905,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the second quarter worth about $33,000. Fifth Third Bancorp grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the second quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after purchasing an additional 521 shares during the last quarter. Financial Network Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter valued at $72,000. Pinnacle Bancorp Inc. boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 14.0% in the second quarter. Pinnacle Bancorp Inc. now owns 4,850 shares of the company’s stock valued at $171,000 after acquiring an additional 595 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 15.5% in the first quarter. Larson Financial Group LLC now owns 5,728 shares of the company’s stock valued at $192,000 after acquiring an additional 770 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.3%

NASDAQ:SDVY opened at $37.40 on Friday. The stock has a market cap of $8.94 billion, a P/E ratio of 14.54 and a beta of 1.12. The firm’s fifty day simple moving average is $37.85 and its 200 day simple moving average is $35.91. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $28.84 and a twelve month high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors 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 annualized dividend and a yield of 1.0%.

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.