D.A. Davidson & CO. Has $16.83 Million Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

D.A. Davidson & CO. grew its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 11.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 462,501 shares of the company’s stock after buying an additional 46,925 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $16,826,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SDVY. Avidian Wealth Enterprises LLC increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock worth $548,000 after purchasing an additional 295 shares in the last quarter. Legacy Capital Group California Inc. increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the 3rd quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock worth $1,645,000 after purchasing an additional 343 shares in the last quarter. Second Half Financial Partners LLC increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% during the 3rd quarter. Second Half Financial Partners LLC now owns 9,740 shares of the company’s stock worth $354,000 after purchasing an additional 365 shares in the last quarter. CX Institutional increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% during the 3rd quarter. CX Institutional now owns 94,576 shares of the company’s stock worth $3,441,000 after purchasing an additional 383 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock worth $1,205,000 after purchasing an additional 417 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY stock opened at $39.98 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $28.92 and a 1 year high of $40.60. The stock has a market cap of $7.00 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The company has a 50 day simple moving average of $37.09 and a 200 day simple moving average of $35.31.

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. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1383 per share. This represents a $0.55 dividend on an annualized basis and a yield of 1.38%. 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.