First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by Triumph Capital Management

Triumph Capital Management reduced its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 12.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 180,465 shares of the company’s stock after selling 26,009 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises approximately 1.4% of Triumph Capital Management’s holdings, making the stock its 13th biggest holding. Triumph Capital Management owned 0.07% of First Trust SMID Cap Rising Dividend Achievers ETF worth $7,785,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at $28,000. Anchor Investment Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter valued at $30,000. High Note Wealth LLC purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth about $32,000. Russell Investments Group Ltd. lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 254.2% during the fourth quarter. Russell Investments Group Ltd. now owns 1,151 shares of the company’s stock worth $44,000 after buying an additional 826 shares during the period. Finally, Tucker Asset Management LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $49,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY opened at $43.21 on Tuesday. The stock has a market capitalization of $11.42 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The business has a 50-day moving average of $43.60 and a two-hundred day moving average of $42.07. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $36.40 and a 12 month high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.0901 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%.

First Trust SMID Cap Rising Dividend Achievers 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.