LPL Financial LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 4.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,892,169 shares of the company’s stock after buying an additional 1,135,800 shares during the period. LPL Financial LLC owned 0.10% of First Trust SMID Cap Rising Dividend Achievers ETF worth $953,868,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital Advantage Inc. grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 40.5% in the 4th quarter. Capital Advantage Inc. now owns 77,232 shares of the company’s stock valued at $2,960,000 after buying an additional 22,276 shares in the last quarter. Econ Financial Services Corp grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 26.1% in the 4th quarter. Econ Financial Services Corp now owns 179,719 shares of the company’s stock valued at $6,887,000 after buying an additional 37,184 shares in the last quarter. Pinnacle Associates Ltd. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 39.8% during the 3rd quarter. Pinnacle Associates Ltd. now owns 233,252 shares of the company’s stock valued at $8,868,000 after purchasing an additional 66,370 shares in the last quarter. Arvest Investments Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 10.7% during the 4th quarter. Arvest Investments Inc. now owns 263,558 shares of the company’s stock valued at $10,100,000 after purchasing an additional 25,490 shares in the last quarter. Finally, CWM LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 7.4% during the 4th quarter. CWM LLC now owns 448,472 shares of the company’s stock valued at $17,185,000 after purchasing an additional 30,845 shares in the last quarter.
First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance
NASDAQ:SDVY opened at $41.37 on Monday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $34.19 and a twelve month high of $42.89. The company has a 50-day moving average of $41.25 and a 200-day moving average of $40.40. The firm has a market cap of $10.71 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01.
First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend
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.
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