First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Purchased by Dagco Inc.

Dagco Inc. lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 6.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 455,447 shares of the company’s stock after buying an additional 27,166 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for 3.3% of Dagco Inc.’s portfolio, making the stock its 8th biggest position. Dagco Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $18,482,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter valued at approximately $9,702,000. Pinnacle Wealth Management Advisory Group LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 9.7% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 212,206 shares of the company’s stock valued at $9,155,000 after buying an additional 18,769 shares during the period. Guardian Wealth Advisors LLC NC grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.4% in the second quarter. Guardian Wealth Advisors LLC NC now owns 571,663 shares of the company’s stock valued at $24,662,000 after buying an additional 24,311 shares in the last quarter. Benjamin Edwards Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 13.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 298,897 shares of the company’s stock valued at $12,896,000 after buying an additional 34,295 shares during the period. Finally, IFC & Insurance Marketing Inc. raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 48.1% in the first quarter. IFC & Insurance Marketing Inc. now owns 88,394 shares of the company’s stock valued at $3,485,000 after acquiring an additional 28,701 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY traded up $0.32 during mid-day trading on Tuesday, reaching $41.74. The company’s stock had a trading volume of 596,712 shares, compared to its average volume of 1,281,500. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $36.40 and a 12-month high of $45.11. The stock has a market cap of $11.03 billion, a PE ratio of 14.54 and a beta of 1.01. The company’s 50 day moving average is $42.50 and its 200 day moving average is $42.34.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

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.