Oppenheimer & Co. Inc. Has $4.47 Million Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Posted by Dante Gardener on Nov 15th, 2024

Oppenheimer & Co. Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY – Free Report) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 122,829 shares of the company’s stock after buying an additional 8,391 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $4,469,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SDVY. Hazlett Burt & Watson Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at approximately $28,000. Mather Group LLC. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter valued at $35,000. EverSource Wealth Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth $34,000. ORG Partners LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $73,000. Finally, Industrial Alliance Investment Management Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the first quarter valued at about $93,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $38.30 on Friday. The company has a market capitalization of $6.70 billion, a P/E ratio of 8.30 and a beta of 1.18. The business has a 50-day moving average of $36.31 and a two-hundred day moving average of $34.98. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $28.60 and a 1 year high of $39.24.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid 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 yield of 1.44%.

First Trust SMID Cap Rising Dividend Archievers ETF Company Profile

(Free Report)

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.