Atria Wealth Solutions Inc. Sells 41,697 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Atria Wealth Solutions Inc. lowered its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 14.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 242,835 shares of the company’s stock after selling 41,697 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $8,579,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% during the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock valued at $34,000 after purchasing an additional 521 shares during the last quarter. Financial Network Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 1st quarter valued at about $72,000. GAMMA Investing LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% during the 1st quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock valued at $144,000 after purchasing an additional 4,160 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 14.0% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 4,850 shares of the company’s stock valued at $171,000 after purchasing an additional 595 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 15.5% during the 1st quarter. Larson Financial Group LLC now owns 5,728 shares of the company’s stock valued at $192,000 after purchasing an additional 770 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 2.4%

SDVY opened at $36.47 on Monday. The firm has a 50-day simple moving average of $37.64 and a two-hundred day simple moving average of $35.37. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $28.84 and a 52 week high of $40.60. The company has a market capitalization of $8.67 billion, a PE ratio of 14.54 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 25th.

First Trust SMID Cap Rising Dividend Achievers 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.