Trilogy Capital Inc. Boosts Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Trilogy Capital Inc. lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 3.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 583,903 shares of the company’s stock after buying an additional 21,253 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF comprises 1.0% of Trilogy Capital Inc.’s portfolio, making the stock its 25th biggest holding. Trilogy Capital Inc. owned 0.22% of First Trust SMID Cap Rising Dividend Achievers ETF worth $25,190,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Focus Partners Wealth grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% during the first quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock worth $1,464,000 after acquiring an additional 12,748 shares during the last quarter. Creative Planning grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% during the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock valued at $331,000 after acquiring an additional 2,270 shares during the period. Brown Advisory Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% during the 2nd quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock valued at $497,000 after buying an additional 621 shares in the last quarter. Cerity Partners LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth about $1,897,000. Finally, Qube Research & Technologies Ltd lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock valued at $13,008,000 after purchasing an additional 241,547 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

SDVY stock opened at $44.35 on Tuesday. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $35.63 and a one year high of $44.40. The firm has a market cap of $11.72 billion, a PE ratio of 14.54 and a beta of 1.01. The firm’s 50 day moving average price is $42.62 and its 200-day moving average price is $41.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.0901 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 25th.

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.