Csenge Advisory Group Sells 468,313 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Csenge Advisory Group lessened its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 71.3% in the second quarter, Holdings Channel reports. The firm owned 188,174 shares of the company’s stock after selling 468,313 shares during the quarter. Csenge Advisory Group’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $6,468,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at approximately $33,000. Fifth Third Bancorp raised its position in 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 worth $34,000 after purchasing an additional 521 shares during the last quarter. Bank of Montreal Can boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 4,082.8% in the second quarter. Bank of Montreal Can now owns 1,213 shares of the company’s stock valued at $43,000 after acquiring an additional 1,184 shares during the last quarter. Financial Network Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter valued at approximately $72,000. Finally, Pinnacle Bancorp Inc. boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 14.0% in the second quarter. Pinnacle Bancorp Inc. now owns 4,850 shares of the company’s stock valued at $171,000 after acquiring an additional 595 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY stock opened at $37.25 on Wednesday. The business’s 50 day simple moving average is $37.81 and its 200 day simple moving average is $36.10. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $28.84 and a one year high of $40.60. The stock has a market capitalization of $8.93 billion, a PE ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 25th.

First Trust SMID Cap Rising Dividend Achievers ETF 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.