Pinnacle Bancorp Inc. Acquires 950 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Pinnacle Bancorp Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 58.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,568 shares of the company’s stock after purchasing an additional 950 shares during the period. Pinnacle Bancorp Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $89,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Synovus Financial Corp acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth approximately $736,000. Tyler Stone Wealth Management raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 12.6% during the 3rd quarter. Tyler Stone Wealth Management now owns 13,293 shares of the company’s stock worth $375,000 after purchasing an additional 1,486 shares during the last quarter. Truist Financial Corp lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 260.8% in the 3rd quarter. Truist Financial Corp now owns 2,167,156 shares of the company’s stock worth $61,179,000 after purchasing an additional 1,566,457 shares during the period. Harbour Investments Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 22.5% in the 3rd quarter. Harbour Investments Inc. now owns 103,126 shares of the company’s stock valued at $2,911,000 after purchasing an additional 18,923 shares during the last quarter. Finally, Owen LaRue LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 4.4% in the 3rd quarter. Owen LaRue LLC now owns 88,237 shares of the company’s stock valued at $2,491,000 after purchasing an additional 3,721 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 1.1 %

Shares of NASDAQ SDVY opened at $33.38 on Friday. The company has a market capitalization of $4.06 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $26.40 and a twelve month high of $34.97. The firm has a fifty day simple moving average of $33.73 and a 200 day simple moving average of $33.12.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.1503 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend was Thursday, June 27th.

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.