First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Stock Position Raised by Cwm LLC

Cwm LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 173.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,404 shares of the company’s stock after purchasing an additional 5,336 shares during the period. Cwm LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $306,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in SDVY. LPL Financial LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% during 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 in the last quarter. Raymond James & Associates increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.8% in the second 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 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 worth $109,031,000 after purchasing an additional 835,904 shares during the last quarter. Capital Investment Advisors LLC boosted its position in shares of 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 acquiring an additional 3,000,057 shares during the period. Finally, LVZ Inc. grew its stake in shares of 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 acquiring an additional 22,837 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 1.7 %

Shares of SDVY stock opened at $36.68 on Tuesday. The firm’s fifty day simple moving average is $35.65 and its 200 day simple moving average is $34.53. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $26.40 and a 1 year high of $37.55. The firm has a market capitalization of $6.33 billion, a P/E 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. This represents a $0.55 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Thursday, September 26th.

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.