First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Share Price Breaks Below 200-Day Moving Average – Should You Sell?

First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $41.89 and traded as low as $41.61. First Trust SMID Cap Rising Dividend Achievers ETF shares last traded at $41.86, with a volume of 1,039,325 shares changing hands.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.5%

The company has a market capitalization of $11.05 billion, a PE ratio of 14.54 and a beta of 1.01. The stock’s 50-day moving average is $42.17 and its two-hundred day moving average is $41.89.

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. Shareholders of record on Thursday, September 24th were given a dividend of $0.1002 per share. 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. The ex-dividend date was Thursday, September 24th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Maryland Capital Advisors Inc. bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter valued at $28,000. Anchor Investment Management LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at $30,000. Pinnacle Wealth Planning Services Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth $31,000. Orion Capital Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth $39,000. Finally, Olistico Wealth LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth $41,000.

First Trust SMID Cap Rising Dividend Achievers ETF Company Profile

(Get 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.

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