Aptus Capital Advisors LLC Grows Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Aptus Capital Advisors LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 13.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 532,951 shares of the company’s stock after purchasing an additional 62,551 shares during the quarter. Aptus Capital Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $20,423,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Capital Advantage Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 40.5% in the fourth quarter. Capital Advantage Inc. now owns 77,232 shares of the company’s stock valued at $2,960,000 after purchasing an additional 22,276 shares during the period. Econ Financial Services Corp grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 26.1% in the fourth quarter. Econ Financial Services Corp now owns 179,719 shares of the company’s stock valued at $6,887,000 after purchasing an additional 37,184 shares during the period. Pinnacle Associates Ltd. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 39.8% in the third quarter. Pinnacle Associates Ltd. now owns 233,252 shares of the company’s stock valued at $8,868,000 after purchasing an additional 66,370 shares during the period. CWM LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 7.4% in the fourth quarter. CWM LLC now owns 448,472 shares of the company’s stock valued at $17,185,000 after purchasing an additional 30,845 shares during the period. Finally, Arvest Investments Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 10.7% in the fourth quarter. Arvest Investments Inc. now owns 263,558 shares of the company’s stock valued at $10,100,000 after purchasing an additional 25,490 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 1.0%

Shares of SDVY opened at $42.38 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $34.19 and a 12-month high of $42.89. The firm has a 50-day moving average price of $41.52 and a 200 day moving average price of $40.54. The firm has a market capitalization of $10.97 billion, a P/E ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0976 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.9%.

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.