First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by RFG Advisory LLC

RFG Advisory LLC reduced its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 11.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 265,289 shares of the company’s stock after selling 35,004 shares during the quarter. RFG Advisory LLC owned about 0.10% of First Trust SMID Cap Rising Dividend Achievers ETF worth $11,445,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Investment Partners LTD. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.0% during the second quarter. Investment Partners LTD. now owns 24,366 shares of the company’s stock valued at $1,051,000 after acquiring an additional 237 shares during the period. Allie Family Office LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.3% in the 4th quarter. Allie Family Office LLC now owns 11,545 shares of the company’s stock worth $442,000 after acquiring an additional 264 shares during the period. Arbor Capital Management Inc. ADV increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.2% in the 1st quarter. Arbor Capital Management Inc. ADV now owns 12,440 shares of the company’s stock worth $515,000 after acquiring an additional 267 shares during the period. Insight Inv LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% in the 4th quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock valued at $528,000 after purchasing an additional 270 shares during the last quarter. Finally, Fortis Group Advisors LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% in the 4th quarter. Fortis Group Advisors LLC now owns 8,422 shares of the company’s stock valued at $340,000 after purchasing an additional 272 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 1.1%

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $42.94 on Wednesday. The firm has a 50-day moving average price of $43.64 and a two-hundred day moving average price of $42.12. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 14.54 and a beta of 1.00. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $36.40 and a 52-week high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.0901 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 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.