First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVYFree Report) by 28.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,197,586 shares of the company’s stock after buying an additional 265,188 shares during the quarter. NewEdge Advisors LLC owned about 0.45% of First Trust SMID Cap Rising Dividend Achievers ETF worth $51,664,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Smartleaf Asset Management LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth $28,000. Anchor Investment Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter valued at $30,000. High Note Wealth LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth about $32,000. Orion Capital Management LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth about $39,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 254.2% during the fourth quarter. Russell Investments Group Ltd. now owns 1,151 shares of the company’s stock worth $44,000 after purchasing an additional 826 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

SDVY opened at $42.57 on Thursday. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $36.40 and a one year high of $45.11. The stock has a market capitalization of $11.25 billion, a P/E ratio of 14.54 and a beta of 1.00. The business’s 50-day simple moving average is $43.63 and its 200-day simple moving average is $42.12.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.0901 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.36 annualized dividend and a yield of 0.8%.

First Trust SMID Cap Rising Dividend Achievers ETF Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding SDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVYFree Report).

Institutional Ownership by Quarter for First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY)

Receive News & Ratings for First Trust SMID Cap Rising Dividend Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust SMID Cap Rising Dividend Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.