Advantage Trust Co Increases Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Advantage Trust Co raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 417,055 shares of the company’s stock after acquiring an additional 6,215 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises about 7.2% of Advantage Trust Co’s investment portfolio, making the stock its 5th largest position. Advantage Trust Co owned 0.18% of First Trust SMID Cap Rising Dividend Achievers ETF worth $14,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of SDVY. Fifth Third Bancorp boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the second quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after purchasing an additional 521 shares in the last quarter. Financial Network Wealth Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter worth $72,000. GAMMA Investing LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% in the first quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock worth $144,000 after purchasing an additional 4,160 shares in the last quarter. Pinnacle Bancorp Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 14.0% during the second quarter. Pinnacle Bancorp Inc. now owns 4,850 shares of the company’s stock valued at $171,000 after acquiring an additional 595 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 15.5% during the first quarter. Larson Financial Group LLC now owns 5,728 shares of the company’s stock valued at $192,000 after acquiring an additional 770 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 1.2%

Shares of SDVY opened at $37.53 on Tuesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $40.60. The firm has a market capitalization of $8.93 billion, a PE ratio of 14.54 and a beta of 1.18. The stock’s fifty day simple moving average is $37.77 and its 200-day simple moving average is $35.56.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a $0.095 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.38 annualized dividend and a yield of 1.0%.

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.