First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Get Free Report) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $41.97 and traded as low as $41.72. First Trust SMID Cap Rising Dividend Achievers ETF shares last traded at $41.93, with a volume of 1,218,998 shares traded.
First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.2%
The business’s 50 day moving average price is $41.97 and its 200-day moving average price is $41.97. The company has a market cap of $11.07 billion, a price-to-earnings ratio of 14.54 and a beta of 1.02.
First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a $0.1002 dividend. The ex-dividend date was Thursday, September 24th. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901.
Institutional Trading of First Trust SMID Cap Rising Dividend Achievers ETF
A number of institutional investors and hedge funds have recently modified their holdings of SDVY. Moors & Cabot Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 1.9% during the third quarter. Moors & Cabot Inc. now owns 79,356 shares of the company’s stock valued at $3,220,000 after purchasing an additional 1,471 shares during the last quarter. Money Concepts Capital Corp increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 11.9% during the 3rd quarter. Money Concepts Capital Corp now owns 50,359 shares of the company’s stock worth $2,044,000 after buying an additional 5,357 shares in the last quarter. Allworth Financial LP grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.7% in the 3rd quarter. Allworth Financial LP now owns 12,595 shares of the company’s stock valued at $543,000 after buying an additional 446 shares during the last quarter. Everest Financial Group LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 17.3% in the 3rd quarter. Everest Financial Group LLC now owns 47,550 shares of the company’s stock worth $1,930,000 after buying an additional 7,000 shares during the last quarter. Finally, Davis Investment Partners LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 23.9% in the 3rd quarter. Davis Investment Partners LLC now owns 18,070 shares of the company’s stock worth $733,000 after acquiring an additional 3,487 shares during the period.
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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