D.A. Davidson & CO. Grows Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

D.A. Davidson & CO. raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 9.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 736,973 shares of the company’s stock after purchasing an additional 63,777 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $29,059,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 13.2% in the 1st quarter. Bank of New York Mellon Corp now owns 47,306 shares of the company’s stock worth $1,865,000 after buying an additional 5,529 shares during the period. NFSG Corp lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 19.1% during the 1st quarter. NFSG Corp now owns 3,448 shares of the company’s stock valued at $136,000 after buying an additional 554 shares in the last quarter. Ethos Financial Group LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at about $1,995,000. Sigma Planning Corp boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 3.1% in the 1st quarter. Sigma Planning Corp now owns 300,698 shares of the company’s stock valued at $11,857,000 after buying an additional 9,016 shares during the period. Finally, Retirement Planning Group LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 13.6% in the 1st quarter. Retirement Planning Group LLC now owns 15,534 shares of the company’s stock worth $613,000 after acquiring an additional 1,864 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ:SDVY opened at $43.04 on Thursday. The firm has a market cap of $11.36 billion, a PE ratio of 14.54 and a beta of 1.01. The firm’s 50 day simple moving average is $42.05 and its 200-day simple moving average is $41.22. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $35.03 and a one year high of $43.63.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.