Ameritas Advisory Services LLC Has $989,000 Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Ameritas Advisory Services LLC decreased its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 36.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,010 shares of the company’s stock after selling 15,102 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $989,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SDVY. GoalVest Advisory LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth about $25,000. Bank of Jackson Hole Trust acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth approximately $25,000. Hantz Financial Services Inc. bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth approximately $33,000. Atlantic Union Bankshares Corp bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth approximately $34,000. Finally, Princeton Global Asset Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the third quarter valued at approximately $36,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

NASDAQ:SDVY opened at $42.17 on Friday. The stock has a market cap of $10.57 billion, a P/E ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $28.84 and a one year high of $42.89. The company has a fifty day moving average price of $40.03 and a 200 day moving average price of $38.43.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.1305 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.52 annualized dividend and a yield of 1.2%. This is an increase 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.