Park National Corp OH Has $136.90 Million Stock Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Park National Corp OH raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 1.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 3,472,041 shares of the company’s stock after acquiring an additional 66,100 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF accounts for 4.2% of Park National Corp OH’s holdings, making the stock its 3rd largest position. Park National Corp OH’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $136,903,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SDVY. Capital Advantage Inc. boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 40.5% during the fourth quarter. Capital Advantage Inc. now owns 77,232 shares of the company’s stock worth $2,960,000 after buying an additional 22,276 shares in the last quarter. Econ Financial Services Corp raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 26.1% in the 4th quarter. Econ Financial Services Corp now owns 179,719 shares of the company’s stock valued at $6,887,000 after buying an additional 37,184 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 39.8% in the 3rd quarter. Pinnacle Associates Ltd. now owns 233,252 shares of the company’s stock valued at $8,868,000 after buying an additional 66,370 shares in the last quarter. CWM LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 7.4% during the 4th quarter. CWM LLC now owns 448,472 shares of the company’s stock worth $17,185,000 after acquiring an additional 30,845 shares during the period. Finally, Arvest Investments Inc. lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 10.7% during the 4th quarter. Arvest Investments Inc. now owns 263,558 shares of the company’s stock worth $10,100,000 after acquiring an additional 25,490 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $42.22 on Friday. The firm’s 50-day simple moving average is $41.73 and its 200-day simple moving average is $40.69. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $34.21 and a twelve month high of $42.90. The firm has a market cap of $10.93 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.0976 dividend. This represents a $0.39 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

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.