Concorde Asset Management LLC lessened its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY – Free Report) by 38.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,563 shares of the company’s stock after selling 65,073 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF accounts for 2.2% of Concorde Asset Management LLC’s investment portfolio, making the stock its 9th biggest position. Concorde Asset Management LLC owned 0.07% of First Trust SMID Cap Rising Dividend Archievers ETF worth $3,490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also modified their holdings of the stock. Level Four Advisory Services LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth $407,000. Independent Advisor Alliance acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at about $269,000. UBS Group AG increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 45.1% during the fourth quarter. UBS Group AG now owns 1,705,975 shares of the company’s stock worth $55,905,000 after acquiring an additional 530,102 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 81.4% in the fourth quarter. Wells Fargo & Company MN now owns 4,477,768 shares of the company’s stock worth $146,736,000 after acquiring an additional 2,009,597 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 19.1% in the fourth quarter. D.A. Davidson & CO. now owns 248,831 shares of the company’s stock valued at $8,154,000 after purchasing an additional 39,878 shares during the last quarter.
First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.2 %
Shares of NASDAQ SDVY opened at $35.72 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $26.40 and a fifty-two week high of $37.25. The business has a 50 day moving average price of $34.99 and a two-hundred day moving average price of $34.10. The firm has a market cap of $5.36 billion, a PE ratio of 8.30 and a beta of 1.18.
First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement
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.
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