First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Position Increased by Dagco Inc.

Dagco Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 359,049 shares of the company’s stock after acquiring an additional 16,391 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF accounts for about 3.4% of Dagco Inc.’s holdings, making the stock its 8th biggest holding. Dagco Inc. owned 0.15% of First Trust SMID Cap Rising Dividend Achievers ETF worth $13,651,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Retirement Planning Group LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter valued at $504,000. Concurrent Investment Advisors LLC increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 3.0% in the third quarter. Concurrent Investment Advisors LLC now owns 131,490 shares of the company’s stock valued at $4,999,000 after buying an additional 3,809 shares during the last quarter. CPC Advisors LLC increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 6.5% in the third quarter. CPC Advisors LLC now owns 10,564 shares of the company’s stock valued at $402,000 after buying an additional 643 shares during the last quarter. Columbia Advisory Partners LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3.9% in the third quarter. Columbia Advisory Partners LLC now owns 19,156 shares of the company’s stock valued at $728,000 after buying an additional 727 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 43.9% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 6,978 shares of the company’s stock worth $265,000 after buying an additional 2,128 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $39.99 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $28.84 and a 1 year high of $40.30. The stock has a market cap of $9.90 billion, a P/E ratio of 14.54 and a beta of 1.12. The stock has a 50-day simple moving average of $38.50 and a 200-day simple moving average of $37.65.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

About First Trust SMID Cap Rising Dividend Achievers ETF

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.