Stegent Equity Advisors Inc. Lowers Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Stegent Equity Advisors Inc. lessened its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,933 shares of the company’s stock after selling 575 shares during the quarter. Stegent Equity Advisors Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $213,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SDVY. Assetmark Inc. raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after buying an additional 1,646 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock valued at $1,330,000 after buying an additional 465 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after buying an additional 21,199 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock valued at $25,572,000 after buying an additional 227,413 shares during the last quarter. Finally, Allworth Financial LP raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% during the fourth quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock valued at $490,000 after buying an additional 2,872 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.2 %

Shares of NASDAQ:SDVY opened at $35.50 on Thursday. The stock has a fifty day simple moving average of $36.63 and a two-hundred day simple moving average of $36.69. The stock has a market capitalization of $7.91 billion, a price-to-earnings ratio of 12.91 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $32.22 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.1821 per share. 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.