12,098 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 301,456 shares of the company’s stock after acquiring an additional 12,098 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $12,233,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. MCF Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at $9,702,000. Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.7% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 212,206 shares of the company’s stock worth $9,155,000 after purchasing an additional 18,769 shares in the last quarter. Guardian Wealth Advisors LLC NC lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.4% during the second quarter. Guardian Wealth Advisors LLC NC now owns 571,663 shares of the company’s stock worth $24,662,000 after purchasing an additional 24,311 shares in the last quarter. Benjamin Edwards Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 13.0% in the second quarter. Benjamin Edwards Inc. now owns 298,897 shares of the company’s stock worth $12,896,000 after buying an additional 34,295 shares during the period. Finally, Spartan Wealth Advisory Services LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter worth about $2,206,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

SDVY stock opened at $43.31 on Thursday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.40 and a 1 year high of $45.11. The firm has a market cap of $11.44 billion, a P/E ratio of 14.54 and a beta of 1.02. The stock has a 50-day simple moving average of $42.05 and a 200-day simple moving average of $41.95.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

About First Trust SMID Cap Rising Dividend Achievers ETF

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.