Fifth Third Wealth Advisors LLC lessened its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 38.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,103 shares of the company’s stock after selling 5,093 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wagner Wealth Management LLC grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.3% during the second quarter. Wagner Wealth Management LLC now owns 456,314 shares of the company’s stock valued at $16,099,000 after buying an additional 18,713 shares during the period. National Bank of Canada FI grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 162.6% during the first quarter. National Bank of Canada FI now owns 6,736 shares of the company’s stock valued at $225,000 after buying an additional 4,171 shares during the period. Fifth Third Bancorp grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% during the second quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock valued at $34,000 after buying an additional 521 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 71.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 106,418 shares of the company’s stock valued at $3,565,000 after buying an additional 44,324 shares during the period. Finally, Sovran Advisors LLC grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 20.6% during the second quarter. Sovran Advisors LLC now owns 9,666 shares of the company’s stock valued at $350,000 after buying an additional 1,651 shares during the period.
First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance
SDVY stock opened at $37.04 on Tuesday. The firm has a market cap of $8.80 billion, a PE ratio of 14.54 and a beta of 1.18. The firm’s fifty day moving average is $37.66 and its 200 day moving average is $35.40. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $28.84 and a one year high of $40.60.
First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend
About First Trust SMID Cap Rising Dividend Achievers ETF
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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