Thrivent Financial for Lutherans Buys 417 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Thrivent Financial for Lutherans lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,085 shares of the company’s stock after buying an additional 417 shares during the quarter. Thrivent Financial for Lutherans’ holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,205,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SDVY. LPL Financial LLC lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% during the second quarter. LPL Financial LLC now owns 15,358,397 shares of the company’s stock worth $512,663,000 after buying an additional 2,105,789 shares during the period. Raymond James & Associates lifted its stake 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 worth $119,023,000 after purchasing an additional 258,459 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 34.4% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,266,343 shares of the company’s stock valued at $109,031,000 after purchasing an additional 835,904 shares in the last quarter. 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 valued at $100,401,000 after purchasing an additional 3,000,057 shares during the last quarter. Finally, LVZ Inc. raised 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 in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

SDVY stock opened at $36.40 on Friday. The firm has a 50-day simple moving average of $35.17 and a two-hundred day simple moving average of $34.34. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $26.40 and a one year high of $37.25. The firm has a market cap of $6.15 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1383 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a yield of 1.52%.

First Trust SMID Cap Rising Dividend Archievers ETF 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.