NewEdge Advisors LLC cut its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 7.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 932,398 shares of the company’s stock after selling 71,881 shares during the period. NewEdge Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $36,764,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. Financial Solutions Advisory Group Inc. acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter worth approximately $293,000. Integrated Investment Consultants LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.1% during the 1st quarter. Integrated Investment Consultants LLC now owns 6,905 shares of the company’s stock valued at $272,000 after acquiring an additional 400 shares during the last quarter. Keel Point LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the 1st quarter. Keel Point LLC now owns 55,393 shares of the company’s stock worth $2,184,000 after acquiring an additional 1,537 shares in the last quarter. Ipsen Advisor Group LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.4% during the 1st quarter. Ipsen Advisor Group LLC now owns 65,234 shares of the company’s stock worth $2,572,000 after acquiring an additional 3,371 shares in the last quarter. Finally, Cozad Asset Management Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.9% in the 1st quarter. Cozad Asset Management Inc. now owns 108,781 shares of the company’s stock worth $4,289,000 after acquiring an additional 8,880 shares during the last quarter.
First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.3%
Shares of NASDAQ SDVY opened at $44.51 on Friday. The stock’s fifty day simple moving average is $42.80 and its 200 day simple moving average is $41.69. The stock has a market capitalization of $11.76 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 $36.03 and a 52-week high of $45.11.
First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend
First Trust SMID Cap Rising Dividend Achievers ETF Company 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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