First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Brookstone Capital Management

Brookstone Capital Management increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 23.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,076 shares of the company’s stock after acquiring an additional 15,554 shares during the quarter. Brookstone Capital Management’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $3,082,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SDVY. Royal Bank of Canada boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 5.3% in the 1st quarter. Royal Bank of Canada now owns 5,893,579 shares of the company’s stock valued at $197,436,000 after purchasing an additional 294,498 shares during the last quarter. Cetera Investment Advisers raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.5% during the 2nd quarter. Cetera Investment Advisers now owns 5,276,231 shares of the company’s stock valued at $186,145,000 after buying an additional 273,077 shares during the period. Capital Investment Advisors LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.4% during the 2nd quarter. Capital Investment Advisors LLC now owns 3,972,146 shares of the company’s stock valued at $140,137,000 after buying an additional 240,655 shares during the period. Park National Corp OH lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.1% in the third quarter. Park National Corp OH now owns 3,412,175 shares of the company’s stock valued at $129,729,000 after acquiring an additional 35,601 shares during the last quarter. Finally, Harbour Investments Inc. grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 472.9% in the second quarter. Harbour Investments Inc. now owns 2,835,642 shares of the company’s stock worth $100,041,000 after acquiring an additional 2,340,638 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.1%

SDVY stock opened at $39.21 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $28.84 and a 52-week high of $39.60. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. The business has a fifty day moving average of $38.08 and a two-hundred day moving average of $37.25.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a dividend of $0.1305 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 12th. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10.

First Trust SMID Cap Rising Dividend Achievers 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.