Fifth Third Bancorp Buys 521 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Fifth Third Bancorp grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 120.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 952 shares of the company’s stock after purchasing an additional 521 shares during the quarter. Fifth Third Bancorp’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $34,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SDVY. GAMMA Investing LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% in the 1st quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock valued at $144,000 after purchasing an additional 4,160 shares in the last quarter. Naples Global Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at about $245,000. Next Level Private LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at about $242,000. Pitti Group Wealth Management LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.8% in the 1st quarter. Pitti Group Wealth Management LLC now owns 14,294 shares of the company’s stock valued at $479,000 after purchasing an additional 784 shares in the last quarter. Finally, Kraematon Investment Advisors Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 23.6% in the 1st quarter. Kraematon Investment Advisors Inc. now owns 23,011 shares of the company’s stock valued at $771,000 after purchasing an additional 4,396 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $38.02 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $28.84 and a one year high of $40.60. The firm has a market cap of $8.96 billion, a P/E ratio of 14.54 and a beta of 1.18. The firm has a 50-day simple moving average of $37.51 and a 200-day simple moving average of $35.24.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a $0.095 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.0%.

First Trust SMID Cap Rising Dividend Achievers 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.