Csenge Advisory Group Sells 147,459 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Csenge Advisory Group reduced its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 78.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,715 shares of the company’s stock after selling 147,459 shares during the period. Csenge Advisory Group’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,548,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SDVY. Keystone Financial Services LLC lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 2.3% in the 3rd quarter. Keystone Financial Services LLC now owns 19,563 shares of the company’s stock worth $744,000 after buying an additional 431 shares during the period. Procyon Advisors LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.7% during the third quarter. Procyon Advisors LLC now owns 238,044 shares of the company’s stock valued at $9,050,000 after buying an additional 19,136 shares during the period. Stephens Inc. AR raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.4% during the third quarter. Stephens Inc. AR now owns 95,951 shares of the company’s stock valued at $3,648,000 after acquiring an additional 3,130 shares in the last quarter. LVZ Inc. lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 1.9% in the third quarter. LVZ Inc. now owns 2,800,749 shares of the company’s stock worth $106,483,000 after acquiring an additional 53,353 shares during the period. Finally, Touchstone Capital Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth $1,243,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.2%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $40.55 on Friday. The company’s fifty day simple moving average is $38.67 and its two-hundred day simple moving average is $37.74. The company has a market cap of $10.05 billion, a P/E ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $40.74.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

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.