Elevated Capital Advisors LLC Cuts Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Elevated Capital Advisors LLC reduced its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 38.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,167 shares of the company’s stock after selling 15,187 shares during the period. Elevated Capital Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $866,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after purchasing an additional 2,628,717 shares during the last quarter. Park National Corp OH increased 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 buying an additional 1,885,435 shares during the last quarter. Raymond James & Associates raised its stake in 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 valued at $154,064,000 after buying an additional 669,172 shares in the last quarter. Cetera Investment Advisers lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 31.6% during the 2nd quarter. Cetera Investment Advisers now owns 2,421,412 shares of the company’s stock worth $80,827,000 after buying an additional 580,783 shares during the last quarter. Finally, Advance Capital Management Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth approximately $17,603,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY stock traded up $0.48 on Monday, hitting $35.88. 1,534,454 shares of the stock traded hands, compared to its average volume of 1,752,064. The company has a market capitalization of $7.71 billion, a PE ratio of 8.30 and a beta of 1.18. The company’s fifty day moving average is $37.69 and its 200 day moving average is $36.11. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $30.93 and a 1-year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.