Cozad Asset Management Inc. Buys 9,784 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Cozad Asset Management Inc. raised its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 14.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 77,767 shares of the company’s stock after acquiring an additional 9,784 shares during the period. Cozad Asset Management Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in SDVY. Envestnet Portfolio Solutions Inc. grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 75.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 53,981 shares of the company’s stock valued at $1,880,000 after buying an additional 23,148 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 30.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 65,447 shares of the company’s stock valued at $2,279,000 after buying an additional 15,266 shares in the last quarter. Montag A & Associates Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at about $128,000. Concurrent Investment Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 2.8% during the first quarter. Concurrent Investment Advisors LLC now owns 68,521 shares of the company’s stock valued at $2,386,000 after buying an additional 1,895 shares during the period. Finally, Quantum Private Wealth LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 42.9% in the first quarter. Quantum Private Wealth LLC now owns 14,739 shares of the company’s stock worth $513,000 after buying an additional 4,423 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 6.7 %

Shares of NASDAQ:SDVY opened at $39.01 on Thursday. The company has a 50 day moving average of $36.00 and a 200 day moving average of $34.79. The stock has a market cap of $6.83 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $27.26 and a 12 month high of $39.03.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.1383 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.55 annualized dividend and a dividend yield of 1.42%.

About First Trust SMID Cap Rising Dividend Archievers 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.