Park National Corp OH Buys 35,601 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Park National Corp OH lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,412,175 shares of the company’s stock after buying an additional 35,601 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF makes up 4.1% of Park National Corp OH’s portfolio, making the stock its 4th biggest position. Park National Corp OH owned 1.47% of First Trust SMID Cap Rising Dividend Achievers ETF worth $129,729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth approximately $33,000. Fifth Third Bancorp increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% during the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after buying an additional 521 shares during the period. Atlantic Union Bankshares Corp acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth $34,000. Winnow Wealth LLC purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at about $42,000. Finally, Bank of Montreal Can grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4,082.8% during the second quarter. Bank of Montreal Can now owns 1,213 shares of the company’s stock valued at $43,000 after acquiring an additional 1,184 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $39.19 on Tuesday. The business’s 50-day simple moving average is $37.75 and its 200 day simple moving average is $36.98. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $28.84 and a one year high of $39.60. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a dividend of $0.1305 per share. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. The ex-dividend date is Friday, December 12th. This represents a $0.52 dividend on an annualized basis and a yield of 1.3%.

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.