Integrity Alliance LLC. Sells 42,915 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Integrity Alliance LLC. lowered its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 49.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,630 shares of the company’s stock after selling 42,915 shares during the quarter. Integrity Alliance LLC.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,771,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% in the first quarter. Bank of America Corp DE now owns 9,463,585 shares of the company’s stock valued at $373,149,000 after acquiring an additional 564,137 shares during the last quarter. Cetera Investment Advisers lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 7,943,362 shares of the company’s stock valued at $313,207,000 after buying an additional 227,423 shares during the period. Royal Bank of Canada lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% in the first quarter. Royal Bank of Canada now owns 6,670,911 shares of the company’s stock valued at $263,034,000 after buying an additional 322,622 shares during the period. Capital Investment Advisors LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% in the 3rd quarter. Capital Investment Advisors LLC now owns 4,853,868 shares of the company’s stock valued at $196,970,000 after acquiring an additional 123,083 shares during the last quarter. Finally, Park National Corp OH raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.5% in the 3rd quarter. Park National Corp OH now owns 3,584,904 shares of the company’s stock valued at $145,475,000 after acquiring an additional 54,366 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ SDVY opened at $43.31 on Thursday. 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 $11.44 billion, a P/E ratio of 14.54 and a beta of 1.02. The firm has a 50 day moving average price of $42.05 and a 200 day moving average price of $41.95.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.1002 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.9%. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date was Thursday, September 24th.

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.