Benjamin F. Edwards & Company Inc. Has $5.89 Million Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Benjamin F. Edwards & Company Inc. decreased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 7.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 176,524 shares of the company’s stock after selling 14,486 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $5,892,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Capital Investment Advisors LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 38,705.4% in the second quarter. Capital Investment Advisors LLC now owns 3,007,808 shares of the company’s stock valued at $100,401,000 after purchasing an additional 3,000,057 shares in the last quarter. LPL Financial LLC raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% in the 2nd quarter. LPL Financial LLC now owns 15,358,397 shares of the company’s stock valued at $512,663,000 after buying an additional 2,105,789 shares during the last quarter. Cetera Investment Advisers lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 205.3% during the 1st quarter. Cetera Investment Advisers now owns 1,840,629 shares of the company’s stock valued at $64,091,000 after acquiring an additional 1,237,801 shares in the last quarter. Smith Chas P & Associates PA Cpas purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth $32,429,000. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 34.4% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,266,343 shares of the company’s stock worth $109,031,000 after acquiring an additional 835,904 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY stock opened at $36.20 on Friday. The firm has a 50-day moving average of $35.07 and a 200-day moving average of $34.13. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $26.40 and a one year high of $37.25. The company has a market cap of $5.43 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.1503 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.60 annualized dividend and a yield of 1.66%.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.