First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Purchased by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 72.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,223 shares of the company’s stock after acquiring an additional 5,576 shares during the period. Great Valley Advisor Group Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $481,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SDVY. Capital Investment Advisors LLC grew its stake in 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 worth $100,401,000 after purchasing an additional 3,000,057 shares in the last quarter. LPL Financial LLC grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after acquiring an additional 2,628,717 shares in the last quarter. Park National Corp OH increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the 3rd quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after acquiring an additional 1,885,435 shares during the last quarter. Cetera Investment Advisers raised its position in shares of 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. Finally, Smith Chas P & Associates PA Cpas bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth $32,429,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY stock opened at $39.98 on Wednesday. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $28.92 and a 1-year high of $40.60. The firm has a fifty day moving average price of $37.09 and a two-hundred day moving average price of $35.31.

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. Investors of record on Thursday, September 26th were paid a dividend of $0.1383 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 annualized dividend and a yield of 1.38%.

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.