First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Position Raised by Private Advisor Group LLC

Private Advisor Group LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 8.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,294,000 shares of the company’s stock after purchasing an additional 100,496 shares during the period. Private Advisor Group LLC owned about 0.54% of First Trust SMID Cap Rising Dividend Achievers ETF worth $49,197,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in SDVY. Cetera Investment Advisers boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.5% in the second quarter. Cetera Investment Advisers now owns 5,276,231 shares of the company’s stock worth $186,145,000 after buying an additional 273,077 shares during the period. Capital Investment Advisors LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 5.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 4,170,826 shares of the company’s stock worth $158,573,000 after acquiring an additional 198,680 shares in the last quarter. Park National Corp OH boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 1.1% during the 3rd quarter. Park National Corp OH now owns 3,412,175 shares of the company’s stock worth $129,729,000 after acquiring an additional 35,601 shares during the period. Commonwealth Equity Services LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 17.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,384,431 shares of the company’s stock worth $128,674,000 after acquiring an additional 494,306 shares during the period. Finally, HighTower Advisors LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 20.3% during the 3rd quarter. HighTower Advisors LLC now owns 3,127,052 shares of the company’s stock valued at $118,890,000 after acquiring an additional 528,572 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

NASDAQ:SDVY opened at $40.25 on Monday. The stock has a market cap of $10.09 billion, a PE ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $42.89. The stock’s 50-day moving average is $40.88 and its two-hundred day moving average is $39.01.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.1305 per share. The ex-dividend date of this dividend was Friday, December 12th. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. This represents a $0.52 dividend on an annualized basis and a yield of 1.3%.

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.