Blair William & Co. IL Increases Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Blair William & Co. IL increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 13.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,243,511 shares of the company’s stock after buying an additional 149,453 shares during the quarter. Blair William & Co. IL’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $44,580,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 22.0% in the fourth quarter. LPL Financial LLC now owns 21,935,886 shares of the company’s stock valued at $786,401,000 after purchasing an additional 3,948,772 shares during the period. Raymond James Financial Inc. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth $381,301,000. Capital Investment Advisors LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% in the 4th quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock worth $125,835,000 after acquiring an additional 267,372 shares during the period. Park National Corp OH increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% during the fourth quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock worth $101,369,000 after acquiring an additional 296,558 shares during the period. Finally, LVZ Inc. raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.7% during the fourth quarter. LVZ Inc. now owns 2,726,811 shares of the company’s stock worth $97,756,000 after purchasing an additional 17,661 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.9 %

Shares of SDVY opened at $34.00 on Friday. The stock’s 50 day moving average is $35.70 and its two-hundred day moving average is $36.52. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $32.22 and a twelve month high of $40.60. The firm has a market capitalization of $7.58 billion, a PE ratio of 13.44 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.1576 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.85%.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.