Capital Advantage Inc. Buys 22,276 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Capital Advantage Inc. raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 40.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 77,232 shares of the company’s stock after purchasing an additional 22,276 shares during the quarter. Capital Advantage Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,960,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% in the third quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock worth $488,323,000 after buying an additional 825,345 shares during the period. Bank of America Corp DE boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after buying an additional 614,123 shares during the period. UBS Group AG boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 5.4% during the 3rd quarter. UBS Group AG now owns 6,746,792 shares of the company’s stock valued at $256,513,000 after buying an additional 344,834 shares during the period. Capital Investment Advisors LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 5.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 4,170,826 shares of the company’s stock worth $158,573,000 after acquiring an additional 198,680 shares during the last quarter. Finally, Park National Corp OH grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.1% in the 3rd quarter. Park National Corp OH now owns 3,412,175 shares of the company’s stock worth $129,729,000 after acquiring an additional 35,601 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 1.4%

SDVY stock opened at $38.66 on Friday. The stock has a market capitalization of $9.69 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. The firm’s 50-day moving average price is $40.96 and its two-hundred day moving average price is $39.11. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $42.89.

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.