First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by IFG Advisory LLC

IFG Advisory LLC cut its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 29.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 50,243 shares of the company’s stock after selling 21,214 shares during the period. IFG Advisory LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,925,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Kingsview Wealth Management LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.7% during the 4th quarter. Kingsview Wealth Management LLC now owns 90,996 shares of the company’s stock valued at $3,487,000 after acquiring an additional 4,920 shares during the period. Smith Chas P & Associates PA Cpas grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 76.3% during the 4th quarter. Smith Chas P & Associates PA Cpas now owns 1,027,452 shares of the company’s stock valued at $39,372,000 after acquiring an additional 444,567 shares during the period. Barry Investment Advisors LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.0% during the 4th quarter. Barry Investment Advisors LLC now owns 23,169 shares of the company’s stock valued at $888,000 after acquiring an additional 1,712 shares during the period. Integrity Alliance LLC. grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 291.0% during the 4th quarter. Integrity Alliance LLC. now owns 51,057 shares of the company’s stock valued at $1,957,000 after acquiring an additional 38,000 shares during the period. Finally, Cary Street Partners Financial LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.6% during the 4th quarter. Cary Street Partners Financial LLC now owns 22,875 shares of the company’s stock valued at $877,000 after acquiring an additional 365 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.5%

NASDAQ:SDVY opened at $41.27 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $33.89 and a 52 week high of $42.89. The stock has a market capitalization of $10.68 billion, a PE ratio of 14.54 and a beta of 1.04. The stock’s 50-day moving average price is $41.07 and its 200-day moving average price is $40.25.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.0976 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.39 dividend on an annualized basis and a yield of 0.9%.

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.