D.A. Davidson & CO. Purchases 25,832 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

by · The Cerbat Gem

D.A. Davidson & CO. increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 4.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 669,617 shares of the company’s stock after buying an additional 25,832 shares during the period. D.A. Davidson & CO.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $25,458,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of SDVY. Cetera Investment Advisers lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.5% in the 2nd quarter. Cetera Investment Advisers now owns 5,276,231 shares of the company’s stock valued at $186,145,000 after purchasing an additional 273,077 shares during the period. Capital Investment Advisors LLC increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 6.4% in the second quarter. Capital Investment Advisors LLC now owns 3,972,146 shares of the company’s stock worth $140,137,000 after purchasing an additional 240,655 shares in the last quarter. Park National Corp OH lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 1.1% in the third quarter. Park National Corp OH now owns 3,412,175 shares of the company’s stock valued at $129,729,000 after buying an additional 35,601 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 17.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,384,431 shares of the company’s stock worth $128,674,000 after buying an additional 494,306 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 472.9% during the 2nd quarter. Harbour Investments Inc. now owns 2,835,642 shares of the company’s stock worth $100,041,000 after buying an additional 2,340,638 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 1.0%

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $38.72 on Monday. The company has a market capitalization of $9.55 billion, a PE ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $39.60. The firm’s fifty day moving average is $38.18 and its 200 day moving average is $37.41.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.1305 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.52 annualized dividend and a dividend yield of 1.3%. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10.

About First Trust SMID Cap Rising Dividend Achievers ETF

(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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