Advance Capital Management Inc. Purchases Shares of 491,017 First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Advance Capital Management Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 491,017 shares of the company’s stock, valued at approximately $17,603,000. First Trust SMID Cap Rising Dividend Archievers ETF accounts for about 0.8% of Advance Capital Management Inc.’s holdings, making the stock its 10th largest holding. Advance Capital Management Inc. owned approximately 0.23% of First Trust SMID Cap Rising Dividend Archievers ETF at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after buying an additional 2,628,717 shares during the last quarter. Raymond James & Associates raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock worth $154,064,000 after purchasing an additional 669,172 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in 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 valued at $117,969,000 after purchasing an additional 234,870 shares during the last quarter. Park National Corp OH boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the third quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after purchasing an additional 1,885,435 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% during the 3rd quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock valued at $90,415,000 after buying an additional 347,799 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock traded up $0.06 during midday trading on Monday, hitting $36.24. 2,107,709 shares of the company were exchanged, compared to its average volume of 1,646,664. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $30.93 and a fifty-two week high of $40.60. The firm has a market capitalization of $7.71 billion, a PE ratio of 8.30 and a beta of 1.18. The business has a fifty day simple moving average of $37.71 and a two-hundred day simple moving average of $36.02.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.1821 dividend. The ex-dividend date was Friday, December 13th.

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.