80,662 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC reduced its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4.7% during the 3rd quarter, Holdings Channel reports. The fund owned 1,620,863 shares of the company’s stock after selling 80,662 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $65,775,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SDVY. Maryland Capital Advisors Inc. bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth approximately $28,000. Pinnacle Wealth Planning Services Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter valued at $31,000. Anchor Investment Management LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at $30,000. Orion Capital Management LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at $39,000. Finally, Olistico Wealth LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter valued at $41,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $42.03 on Friday. The company has a market capitalization of $11.10 billion, a P/E ratio of 14.54 and a beta of 1.02. The business has a 50-day moving average of $42.01 and a two-hundred day moving average of $41.96. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.40 and a 1 year high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.1002 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901.

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.