First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 20.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 250,163 shares of the company’s stock after purchasing an additional 41,889 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $9,586,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at approximately $25,000. Bank of Jackson Hole Trust acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth approximately $25,000. Oakworth Capital Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth approximately $25,000. Trust Co. of Vermont acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth approximately $27,000. Finally, EQ Wealth Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth approximately $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $41.28 on Thursday. The business’s 50 day moving average price is $40.80 and its 200-day moving average price is $40.07. The firm has a market capitalization of $10.69 billion, a PE ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $33.54 and a 1 year high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.0976 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.9%.

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.