Dynamic Advisor Solutions LLC Boosts Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Dynamic Advisor Solutions LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVYFree Report) by 11.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 132,336 shares of the company’s stock after acquiring an additional 13,980 shares during the period. Dynamic Advisor Solutions LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $5,709,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $25,000. Oakworth Capital Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at $25,000. Smartleaf Asset Management LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at $28,000. EQ Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $30,000. Finally, Anchor Investment Management LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter worth about $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $44.51 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.03 and a 1 year high of $45.11. The firm has a market cap of $11.76 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The company has a 50-day moving average of $42.80 and a 200 day moving average of $41.69.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.0901 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, June 25th.

First Trust SMID Cap Rising Dividend Achievers ETF Profile

(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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Institutional Ownership by Quarter for First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY)

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