Susquehanna International Group LLP Sells 22,394 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Susquehanna International Group LLP reduced its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 69.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,858 shares of the company’s stock after selling 22,394 shares during the quarter. Susquehanna International Group LLP’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $425,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Benjamin Edwards Inc. raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 13.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 298,897 shares of the company’s stock valued at $12,896,000 after acquiring an additional 34,295 shares during the period. Compass Financial Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth $2,426,000. Forge Financial Services LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the second quarter valued at $208,000. B & T Capital Management DBA Alpha Capital Management increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.3% in the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 364,252 shares of the company’s stock valued at $15,714,000 after purchasing an additional 1,219 shares during the last quarter. Finally, Capital Financial Group Inc. Co. ADV raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% in the second quarter. Capital Financial Group Inc. Co. ADV now owns 79,303 shares of the company’s stock valued at $3,421,000 after purchasing an additional 3,877 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ SDVY opened at $43.21 on Tuesday. The stock has a market cap of $11.42 billion, a PE ratio of 14.54 and a beta of 1.01. The firm has a 50-day moving average of $43.60 and a 200-day moving average of $42.07. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $36.40 and a 52-week high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.0901 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.36 annualized dividend and a yield of 0.8%.

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.