Thurston Springer Miller Herd & Titak Inc. Buys 2,470 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 3.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,426 shares of the company’s stock after acquiring an additional 2,470 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,344,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Arvest Investments Inc. grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 26.8% in the second quarter. Arvest Investments Inc. now owns 264,590 shares of the company’s stock valued at $9,335,000 after purchasing an additional 55,861 shares in the last quarter. TrueWealth Advisors LLC grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% in the second quarter. TrueWealth Advisors LLC now owns 263,145 shares of the company’s stock valued at $9,284,000 after purchasing an additional 1,210 shares in the last quarter. Crumly & Associates Inc. grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 40.0% in the second quarter. Crumly & Associates Inc. now owns 387,258 shares of the company’s stock valued at $13,662,000 after purchasing an additional 110,675 shares in the last quarter. Park National Corp OH grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 9.0% in the second quarter. Park National Corp OH now owns 3,376,574 shares of the company’s stock valued at $119,126,000 after purchasing an additional 278,498 shares in the last quarter. Finally, Modern Wealth Management LLC grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 11.2% in the first quarter. Modern Wealth Management LLC now owns 16,651 shares of the company’s stock valued at $558,000 after purchasing an additional 1,679 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 1.3%

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $38.16 on Friday. The company has a market cap of $8.85 billion, a P/E ratio of 14.54 and a beta of 1.18. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $28.84 and a 1-year high of $40.60. The company has a fifty day simple moving average of $36.93 and a 200 day simple moving average of $34.80.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were paid a $0.1178 dividend. The ex-dividend date was Thursday, June 26th. This represents a $0.47 dividend on an annualized basis and a yield of 1.2%.

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.