First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 74.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,438 shares of the company’s stock after acquiring an additional 48,991 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.08% of First Trust SMID Cap Rising Dividend Archievers ETF worth $3,820,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. LPL Financial LLC increased its holdings in shares of 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 acquiring an additional 2,105,789 shares during the period. Wells Fargo & Company MN increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 81.4% in the 4th quarter. Wells Fargo & Company MN now owns 4,477,768 shares of the company’s stock valued at $146,736,000 after acquiring an additional 2,009,597 shares during the period. Raymond James & Associates increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.8% in 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. increased its holdings 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 valued at $109,031,000 after acquiring an additional 835,904 shares during the period. Finally, Capital Investment Advisors LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 38,705.4% in the 2nd quarter. Capital Investment Advisors LLC now owns 3,007,808 shares of the company’s stock valued at $100,401,000 after acquiring an additional 3,000,057 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY opened at $34.99 on Monday. The stock has a market capitalization of $5.25 billion, a P/E ratio of 8.30 and a beta of 1.18. The company’s fifty day moving average is $34.84 and its two-hundred day moving average is $34.05. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $26.40 and a 1 year high of $37.25.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

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 of this dividend was Thursday, June 27th. This represents a $0.60 annualized dividend and a yield of 1.72%.

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.