Thurston Springer Miller Herd & Titak Inc. Increases Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Thurston Springer Miller Herd & Titak Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 286.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,975 shares of the company’s stock after purchasing an additional 14,807 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $765,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% during the third quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock valued at $488,323,000 after buying an additional 825,345 shares during the last quarter. Bank of America Corp DE raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the 3rd quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock worth $303,486,000 after acquiring an additional 614,123 shares during the last quarter. UBS Group AG lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 5.4% in the 3rd quarter. UBS Group AG now owns 6,746,792 shares of the company’s stock valued at $256,513,000 after acquiring an additional 344,834 shares in the last quarter. Capital Investment Advisors LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.9% in the 4th quarter. Capital Investment Advisors LLC now owns 4,375,623 shares of the company’s stock valued at $167,674,000 after acquiring an additional 204,797 shares in the last quarter. Finally, Park National Corp OH boosted its stake 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 valued at $129,729,000 after purchasing an additional 35,601 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $39.73 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $28.84 and a 12 month high of $42.89. The stock has a fifty day simple moving average of $40.76 and a two-hundred day simple moving average of $39.19. The firm has a market cap of $10.17 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0976 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.39 annualized dividend and a dividend yield of 1.0%.

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.