Cetera Investment Advisers Boosts Stock Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Cetera Investment Advisers raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 2.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,943,362 shares of the company’s stock after acquiring an additional 227,423 shares during the quarter. Cetera Investment Advisers owned approximately 3.07% of First Trust SMID Cap Rising Dividend Achievers ETF worth $313,207,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of SDVY. Focus Partners Wealth boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% during the first quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock valued at $1,464,000 after purchasing an additional 12,748 shares during the period. Creative Planning increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% in the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock worth $331,000 after buying an additional 2,270 shares during the period. Brown Advisory Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% in the 2nd quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock worth $497,000 after buying an additional 621 shares during the period. Cerity Partners LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter valued at about $1,897,000. Finally, Qube Research & Technologies Ltd lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock valued at $13,008,000 after buying an additional 241,547 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $43.05 on Thursday. The stock has a market cap of $11.37 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The firm has a 50-day moving average of $42.22 and a two-hundred day moving average of $41.38. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $35.03 and a 1 year high of $43.82.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.