Janney Montgomery Scott LLC Boosts Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Janney Montgomery Scott LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 46.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 713,298 shares of the company’s stock after acquiring an additional 227,413 shares during the quarter. Janney Montgomery Scott LLC owned 0.33% of First Trust SMID Cap Rising Dividend Archievers ETF worth $25,572,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SDVY. Avidian Wealth Enterprises LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% in the third quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock worth $548,000 after purchasing an additional 295 shares during the last quarter. Legacy Capital Group California Inc. raised its position in shares of 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 valued at $1,645,000 after buying an additional 343 shares in the last quarter. Second Half Financial Partners LLC raised its position in shares of 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 valued at $354,000 after buying an additional 365 shares in the last quarter. CX Institutional lifted its holdings in shares of 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 acquiring an additional 383 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock worth $1,205,000 after acquiring an additional 417 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.4 %

NASDAQ SDVY opened at $37.80 on Friday. The stock’s 50-day simple moving average is $37.53 and its two-hundred day simple moving average is $36.37. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $31.40 and a twelve month high of $40.60. The company has a market capitalization of $8.26 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

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 given 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.