Fiduciary Trust Co Makes New $213,000 Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Fiduciary Trust Co acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the third quarter, Holdings Channel.com reports. The fund acquired 5,845 shares of the company’s stock, valued at approximately $213,000.

Several other large investors have also modified their holdings of SDVY. LPL Financial LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after acquiring an additional 2,628,717 shares during the period. Raymond James & Associates raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the 3rd quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after purchasing an additional 669,172 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 34.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,266,343 shares of the company’s stock valued at $109,031,000 after purchasing an additional 835,904 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.8% in the third quarter. Capital Investment Advisors LLC now owns 3,242,678 shares of the company’s stock worth $117,969,000 after buying an additional 234,870 shares during the period. Finally, LVZ Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the second quarter. LVZ Inc. now owns 2,716,224 shares of the company’s stock valued at $90,668,000 after buying an additional 22,837 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.3 %

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $39.95 on Monday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $29.18 and a 1 year high of $40.60. The company has a market cap of $6.99 billion, a P/E ratio of 8.30 and a beta of 1.18. The stock has a 50-day moving average price of $37.31 and a 200 day moving average price of $35.43.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust SMID Cap Rising Dividend Archievers 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.