First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Position Raised by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 320,236 shares of the company’s stock after acquiring an additional 13,751 shares during the quarter. Benjamin Edwards Inc. owned approximately 0.13% of First Trust SMID Cap Rising Dividend Achievers ETF worth $12,177,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. GoalVest Advisory LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter worth approximately $25,000. Hantz Financial Services Inc. acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter valued at approximately $33,000. Fifth Third Bancorp grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% during the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after buying an additional 521 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter worth $34,000. Finally, Princeton Global Asset Management LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth $36,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

SDVY stock opened at $39.92 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $28.84 and a 1 year high of $39.96. The stock has a market capitalization of $9.89 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. The stock’s fifty day moving average is $38.34 and its two-hundred day moving average is $37.51.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $0.1305 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.52 annualized dividend and a yield of 1.3%. This is a boost 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.