Aprio Wealth Management LLC Sells 41,397 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Aprio Wealth Management LLC cut its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 26.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 115,958 shares of the company’s stock after selling 41,397 shares during the period. Aprio Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $4,706,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Maryland Capital Advisors Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth $28,000. Anchor Investment Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the first quarter valued at $30,000. Pinnacle Wealth Planning Services Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the third quarter valued at $31,000. Orion Capital Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter valued at $39,000. Finally, Olistico Wealth LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the third quarter valued at $41,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ SDVY opened at $42.03 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $36.40 and a one year high of $45.11. The stock has a 50-day moving average of $42.11 and a 200 day moving average of $41.91. The company has a market capitalization of $11.09 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

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.