Concurrent Investment Advisors LLC Buys 1,237 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Concurrent Investment Advisors LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 70,340 shares of the company’s stock after acquiring an additional 1,237 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,559,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Osaic Holdings Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.6% during the 1st quarter. Osaic Holdings Inc. now owns 1,769,500 shares of the company’s stock worth $61,619,000 after acquiring an additional 125,091 shares in the last quarter. Fifth Third Bancorp purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at $298,000. Park National Corp OH lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% during 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. Cherry Creek Investment Advisors Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% in the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock worth $3,140,000 after buying an additional 6,973 shares in the last quarter. Finally, Triton Wealth Management PLLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter worth about $237,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 1.3 %

Shares of NASDAQ SDVY opened at $38.52 on Friday. The stock has a market capitalization of $6.74 billion, a price-to-earnings 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. The firm’s 50-day moving average price is $36.05 and its 200-day moving average price is $34.82.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1383 dividend. This represents a $0.55 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend was Thursday, September 26th.

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.