First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Sold by tru Independence LLC

tru Independence LLC cut its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.0% during the third quarter, Holdings Channel reports. The institutional investor owned 30,677 shares of the company’s stock after selling 301 shares during the period. tru Independence LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,116,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SDVY. Capital Investment Advisors LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 38,705.4% during the second quarter. Capital Investment Advisors LLC now owns 3,007,808 shares of the company’s stock worth $100,401,000 after purchasing an additional 3,000,057 shares during the last quarter. LPL Financial LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% during the second quarter. LPL Financial LLC now owns 15,358,397 shares of the company’s stock worth $512,663,000 after buying an additional 2,105,789 shares during the last quarter. Park National Corp OH grew its holdings in shares of 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 worth $92,079,000 after buying an additional 1,885,435 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 205.3% during the first quarter. Cetera Investment Advisers now owns 1,840,629 shares of the company’s stock worth $64,091,000 after buying an additional 1,237,801 shares during the last quarter. Finally, Smith Chas P & Associates PA Cpas purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth about $32,429,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 1.0 %

Shares of NASDAQ SDVY traded up $0.40 during midday trading on Monday, reaching $39.00. 180,505 shares of the company were exchanged, compared to its average volume of 1,121,318. The stock has a market cap of $6.83 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $27.45 and a 1 year high of $39.14. The stock has a fifty day simple moving average of $36.10 and a 200 day simple moving average of $34.87.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1383 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a yield of 1.42%.

First Trust SMID Cap Rising Dividend Archievers ETF 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.