First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Bought by Montag A & Associates Inc.

Montag A & Associates Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 67.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,184 shares of the company’s stock after purchasing an additional 2,500 shares during the period. Montag A & Associates Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $218,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in SDVY. Hantz Financial Services Inc. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at about $33,000. Fifth Third Bancorp grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock valued at $34,000 after buying an additional 521 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth about $34,000. Bank of Montreal Can raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4,082.8% during the 2nd quarter. Bank of Montreal Can now owns 1,213 shares of the company’s stock valued at $43,000 after buying an additional 1,184 shares during the period. Finally, Financial Network Wealth Advisors LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter valued at $72,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY stock opened at $38.19 on Thursday. The firm has a market cap of $9.18 billion, a PE ratio of 14.54 and a beta of 1.12. The company has a 50-day moving average of $37.79 and a two-hundred day moving average of $36.32. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $28.84 and a 1-year high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given 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 was Thursday, September 25th.

About First Trust SMID Cap Rising Dividend Achievers 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.