Symphony Financial Ltd. Co. Purchases 14,249 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Symphony Financial Ltd. Co. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 30.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 61,688 shares of the company’s stock after purchasing an additional 14,249 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,650,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SDVY. Smartleaf Asset Management LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at approximately $28,000. Anchor Investment Management LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter worth $30,000. High Note Wealth LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $32,000. Russell Investments Group Ltd. raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 254.2% in the 4th quarter. Russell Investments Group Ltd. now owns 1,151 shares of the company’s stock worth $44,000 after purchasing an additional 826 shares during the period. Finally, Torren Management LLC purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the first quarter valued at $50,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 1.0%

Shares of SDVY opened at $42.76 on Wednesday. The business has a 50-day simple moving average of $43.61 and a two-hundred day simple moving average of $42.08. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $36.40 and a 52 week high of $45.11. The stock has a market cap of $11.30 billion, a price-to-earnings ratio of 14.54 and a beta of 1.00.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0901 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%.

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.