Capital Investment Advisory Services LLC Boosts Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Capital Investment Advisory Services LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 8.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 66,752 shares of the company’s stock after purchasing an additional 5,098 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,393,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. National Bank of Canada FI acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter worth $27,000. Grove Bank & Trust purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at about $27,000. FSC Wealth Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $29,000. Icon Wealth Advisors LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $30,000. Finally, AlphaMark Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at about $31,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ SDVY opened at $37.55 on Thursday. The company has a market capitalization of $8.30 billion, a P/E ratio of 8.30 and a beta of 1.18. The company has a 50 day simple moving average of $37.51 and a 200-day simple moving average of $36.47. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $31.40 and a 1 year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.1821 dividend. The ex-dividend date was Friday, December 13th.

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.