First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 28.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,052 shares of the company’s stock after buying an additional 37,566 shares during the period. Financial Advocates Investment Management’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $6,025,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after acquiring an additional 2,628,717 shares in the last quarter. Raymond James & Associates lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock worth $154,064,000 after purchasing an additional 669,172 shares in the last quarter. Advance Capital Management Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth about $17,603,000. Stifel Financial Corp grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% in the third quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock valued at $90,415,000 after buying an additional 347,799 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at about $12,398,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.5 %

NASDAQ SDVY opened at $37.18 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $31.50 and a fifty-two week high of $40.60. The business has a 50 day moving average price of $37.30 and a two-hundred day moving average price of $36.53. The stock has a market cap of $8.26 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers 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.