Blair William & Co. IL Raises Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Blair William & Co. IL increased its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,280,526 shares of the company’s stock after buying an additional 15,306 shares during the period. Blair William & Co. IL owned about 0.53% of First Trust SMID Cap Rising Dividend Achievers ETF worth $48,685,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Bank of Jackson Hole Trust purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth approximately $25,000. GoalVest Advisory LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter worth $25,000. Princeton Global Asset Management LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter worth $36,000. Atlantic Union Bankshares Corp acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth $34,000. Finally, Winnow Wealth LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth $42,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 1.9%

Shares of NASDAQ:SDVY opened at $40.25 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $28.84 and a 52 week high of $42.89. The company has a market cap of $10.09 billion, a P/E ratio of 14.54 and a beta of 1.12. The business has a fifty day simple moving average of $40.88 and a 200-day simple moving average of $38.99.

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 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.