TFB Advisors LLC Sells 1,097 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

TFB Advisors LLC decreased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 10.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,526 shares of the company’s stock after selling 1,097 shares during the quarter. TFB Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $347,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 75.1% during 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. boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 30.4% in the 1st quarter. Oppenheimer & Co. Inc. now owns 65,447 shares of the company’s stock worth $2,279,000 after purchasing an additional 15,266 shares during the period. Montag A & Associates Inc. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st 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 0.2 %

Shares of NASDAQ:SDVY opened at $38.60 on Friday. The company has a 50 day moving average of $36.10 and a 200 day moving average of $34.86. The stock has a market cap of $6.76 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 given a dividend of $0.1383 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.43%.

First Trust SMID Cap Rising Dividend Archievers 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.