Thrivent Financial for Lutherans Grows Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Thrivent Financial for Lutherans raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 36,550 shares of the company’s stock after buying an additional 465 shares during the period. Thrivent Financial for Lutherans’ holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,330,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Investment Advisors LLC boosted its position 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 worth $100,401,000 after purchasing an additional 3,000,057 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of 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 worth $512,663,000 after buying an additional 2,105,789 shares during the last quarter. Park National Corp OH grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% during the third quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after buying an additional 1,885,435 shares during the period. Smith Chas P & Associates PA Cpas purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at approximately $32,429,000. Finally, Raymond James Financial Services Advisors Inc. increased its holdings 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 buying an additional 835,904 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $39.95 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $29.18 and a 1-year high of $40.60. The company’s fifty day simple moving average is $37.31 and its 200-day simple moving average is $35.42. The stock has a market capitalization of $6.99 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business 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 of this dividend was Thursday, September 26th. This represents a $0.55 annualized dividend and a yield of 1.38%.

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.