318,650 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 50.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 318,763 shares of the company’s stock after selling 318,650 shares during the period. Sigma Planning Corp’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $12,935,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Valley National Advisers Inc. increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% in the third quarter. Valley National Advisers Inc. now owns 83,691 shares of the company’s stock valued at $3,396,000 after buying an additional 1,416 shares in the last quarter. Bright Financial Advisors Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.4% in the third quarter. Bright Financial Advisors Inc. now owns 189,499 shares of the company’s stock worth $7,690,000 after acquiring an additional 6,184 shares during the period. Capital Investment Advisors LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% in the third quarter. Capital Investment Advisors LLC now owns 4,853,868 shares of the company’s stock worth $196,970,000 after acquiring an additional 123,083 shares during the period. Fifth Third Wealth Advisors LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% in the third quarter. Fifth Third Wealth Advisors LLC now owns 10,900 shares of the company’s stock worth $442,000 after acquiring an additional 977 shares during the period. Finally, Brookstone Capital Management boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 12.2% during the 3rd quarter. Brookstone Capital Management now owns 152,771 shares of the company’s stock worth $6,199,000 after acquiring an additional 16,554 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY stock opened at $42.06 on Monday. The company’s 50-day simple moving average is $42.29 and its 200-day simple moving average is $42.41. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $36.40 and a 52-week high of $45.11. The firm has a market cap of $11.10 billion, a P/E ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

First Trust SMID Cap Rising Dividend Achievers ETF 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.