Benjamin F. Edwards & Company Inc. Sells 14,486 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Benjamin F. Edwards & Company Inc. lessened its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 7.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 176,524 shares of the company’s stock after selling 14,486 shares during the period. Benjamin F. Edwards & Company Inc. owned 0.12% of First Trust SMID Cap Rising Dividend Archievers ETF worth $5,892,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SDVY. LPL Financial LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% in the second 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 period. Raymond James & Associates lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.8% during the 2nd quarter. Raymond James & Associates now owns 3,565,684 shares of the company’s stock valued at $119,023,000 after acquiring an additional 258,459 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 34.4% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,266,343 shares of the company’s stock valued at $109,031,000 after acquiring an additional 835,904 shares during the period. Capital Investment Advisors LLC boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 38,705.4% during the second quarter. Capital Investment Advisors LLC now owns 3,007,808 shares of the company’s stock worth $100,401,000 after acquiring an additional 3,000,057 shares in the last quarter. Finally, LVZ Inc. grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% in the second quarter. LVZ Inc. now owns 2,716,224 shares of the company’s stock worth $90,668,000 after purchasing an additional 22,837 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.9 %

SDVY opened at $36.20 on Friday. The company has a fifty day moving average price of $35.07 and a two-hundred day moving average price of $34.13. 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 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 declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.1503 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date 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.