KPP Advisory Services LLC Boosts Position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY)

KPP Advisory Services LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 15.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,145 shares of the company’s stock after acquiring an additional 11,158 shares during the period. KPP Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,752,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers 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 last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 20.6% in the 4th quarter. Wells Fargo & Company MN now owns 12,732,120 shares of the company’s stock valued at $456,447,000 after buying an additional 2,172,523 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth about $381,301,000. Bank of America Corp DE grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 23.0% during the fourth quarter. Bank of America Corp DE now owns 7,099,053 shares of the company’s stock worth $254,501,000 after acquiring an additional 1,327,323 shares during the period. Finally, Royal Bank of Canada raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 28.5% during the fourth quarter. Royal Bank of Canada now owns 5,599,081 shares of the company’s stock valued at $200,728,000 after acquiring an additional 1,241,896 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.7%

Shares of NASDAQ:SDVY opened at $34.84 on Thursday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $40.60. The business has a 50 day moving average of $33.94 and a two-hundred day moving average of $34.81. The company has a market capitalization of $8.10 billion, a PE ratio of 13.85 and a beta of 1.18.

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.