Dynamic Advisor Solutions LLC Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Dynamic Advisor Solutions LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 99,880 shares of the company’s stock, valued at approximately $3,634,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Investment Partners LTD. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.5% during the first quarter. Investment Partners LTD. now owns 21,271 shares of the company’s stock valued at $741,000 after purchasing an additional 315 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock valued at $1,205,000 after purchasing an additional 417 shares during the period. World Equity Group Inc. grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% during the 2nd quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock valued at $3,622,000 after purchasing an additional 423 shares in the last quarter. Private Client Services LLC increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% during the 2nd quarter. Private Client Services LLC now owns 6,929 shares of the company’s stock worth $231,000 after buying an additional 426 shares during the period. Finally, Ashton Thomas Private Wealth LLC lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 1.0% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 42,967 shares of the company’s stock worth $1,434,000 after buying an additional 431 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $36.04 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $26.40 and a 1-year high of $37.25. The company has a market capitalization of $6.09 billion, a PE ratio of 8.30 and a beta of 1.18. The business has a 50-day moving average of $35.16 and a 200-day moving average of $34.37.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.1383 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a yield of 1.53%.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.