Ameritas Advisory Services LLC Has $1.45 Million Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Ameritas Advisory Services LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 0.8% in the second quarter, HoldingsChannel reports. The firm owned 41,112 shares of the company’s stock after acquiring an additional 335 shares during the period. Ameritas Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,450,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SDVY. Raymond James Financial Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 17.5% in the first quarter. Raymond James Financial Inc. now owns 12,496,285 shares of the company’s stock valued at $418,626,000 after buying an additional 1,860,262 shares in the last quarter. Cetera Investment Advisers increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 45.1% in the 1st quarter. Cetera Investment Advisers now owns 5,003,154 shares of the company’s stock valued at $167,606,000 after acquiring an additional 1,556,017 shares in the last quarter. LPL Financial LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 6.6% in the 1st quarter. LPL Financial LLC now owns 23,374,014 shares of the company’s stock valued at $783,029,000 after acquiring an additional 1,438,128 shares in the last quarter. Csenge Advisory Group increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 188.0% in the 1st quarter. Csenge Advisory Group now owns 656,487 shares of the company’s stock valued at $20,574,000 after acquiring an additional 428,508 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 38.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,493,516 shares of the company’s stock valued at $50,033,000 after acquiring an additional 415,096 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $38.02 on Friday. The firm has a market cap of $8.96 billion, a P/E ratio of 14.54 and a beta of 1.18. The firm has a 50 day simple moving average of $37.51 and a 200 day simple moving average of $35.24. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.