RFG Advisory LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 15.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 300,293 shares of the company’s stock after buying an additional 40,647 shares during the period. RFG Advisory LLC owned about 0.12% of First Trust SMID Cap Rising Dividend Achievers ETF worth $11,841,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the 4th quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after acquiring an additional 1,135,800 shares in the last quarter. Morgan Stanley lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% in the 4th quarter. Morgan Stanley now owns 17,946,856 shares of the company’s stock worth $687,724,000 after purchasing an additional 130,885 shares during the period. Raymond James Financial Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% in the 4th quarter. Raymond James Financial Inc. now owns 14,105,263 shares of the company’s stock worth $540,514,000 after purchasing an additional 1,261,249 shares during the period. Bank of America Corp DE boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the third quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after purchasing an additional 614,123 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.2% during the fourth quarter. Cetera Investment Advisers now owns 7,715,939 shares of the company’s stock valued at $295,675,000 after purchasing an additional 451,662 shares in the last quarter.
First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 1.1%
Shares of SDVY stock opened at $42.70 on Thursday. The firm has a market cap of $11.05 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $34.79 and a 52-week high of $43.01. The company’s 50 day moving average is $41.78 and its 200 day moving average is $40.80.
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.
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