First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Holdings Cut by Retirement Planning Group LLC

Retirement Planning Group LLC trimmed its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 51.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,504 shares of the company’s stock after selling 12,069 shares during the period. Retirement Planning Group LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $467,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Elevation Point Wealth Partners LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 14,172.1% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 1,039,862 shares of the company’s stock worth $41,002,000 after purchasing an additional 1,032,576 shares during the last quarter. Decker Wealth Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 1st quarter valued at $24,789,000. Arkadios Wealth Advisors lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 191.4% in the 1st quarter. Arkadios Wealth Advisors now owns 861,728 shares of the company’s stock valued at $33,978,000 after purchasing an additional 566,039 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 9,463,585 shares of the company’s stock valued at $373,149,000 after purchasing an additional 564,137 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% in the 1st quarter. Royal Bank of Canada now owns 6,670,911 shares of the company’s stock valued at $263,034,000 after purchasing an additional 322,622 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.2%

Shares of NASDAQ:SDVY opened at $42.02 on Thursday. The stock has a market capitalization of $11.09 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.40 and a 1 year high of $45.11. The firm has a fifty day moving average price of $42.39 and a 200 day moving average price of $42.38.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.1002 per share. This represents a $0.40 annualized dividend and a yield of 1.0%. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date was Thursday, September 24th.

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.