First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by AIFG Consultants Ltd.

AIFG Consultants Ltd. trimmed its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 47.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,472 shares of the company’s stock after selling 44,076 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises about 3.3% of AIFG Consultants Ltd.’s investment portfolio, making the stock its 9th largest holding. AIFG Consultants Ltd.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,710,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. National Bank of Canada FI grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 162.6% in the first quarter. National Bank of Canada FI now owns 6,736 shares of the company’s stock valued at $225,000 after acquiring an additional 4,171 shares during the period. Wagner Wealth Management LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.3% in the second quarter. Wagner Wealth Management LLC now owns 456,314 shares of the company’s stock valued at $16,099,000 after acquiring an additional 18,713 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 71.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 106,418 shares of the company’s stock valued at $3,565,000 after acquiring an additional 44,324 shares during the period. Smith Chas P & Associates PA Cpas grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% in the second quarter. Smith Chas P & Associates PA Cpas now owns 1,028,128 shares of the company’s stock valued at $36,272,000 after acquiring an additional 25,667 shares during the period. Finally, GAMMA Investing LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% in the first quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock valued at $144,000 after acquiring an additional 4,160 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.1%

NASDAQ:SDVY opened at $38.02 on Friday. The stock has a market cap of $8.96 billion, a price-to-earnings ratio of 14.54 and a beta of 1.18. The stock has a 50-day moving average price of $37.51 and a two-hundred day moving average price of $35.24. 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 issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, September 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.