First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Holdings Raised by Janney Montgomery Scott LLC

Posted by on Jul 23rd, 2023

Janney Montgomery Scott LLC boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY – Free Report) by 12.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 208,781 shares of the company’s stock after buying an additional 22,296 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.52% of First Trust SMID Cap Rising Dividend Archievers ETF worth $5,564,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth approximately $27,000. TimeScale Financial Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter valued at $35,000. Raleigh Capital Management Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 100.5% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,624 shares of the company’s stock valued at $42,000 after purchasing an additional 814 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 276.7% in the 1st quarter. Blair William & Co. IL now owns 1,940 shares of the company’s stock valued at $54,000 after purchasing an additional 1,425 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 35.3% in the 4th quarter. Larson Financial Group LLC now owns 2,205 shares of the company’s stock valued at $57,000 after purchasing an additional 575 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.6 %

SDVY stock opened at $29.45 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $22.77 and a 1 year high of $29.89. The company has a fifty day simple moving average of $27.60 and a 200 day simple moving average of $26.54. The firm has a market cap of $1.23 billion, a PE ratio of 7.66 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Wednesday, June 28th were paid a $0.2077 dividend. This represents a $0.83 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend was Tuesday, June 27th. This is a positive change from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.13.

About First Trust SMID Cap Rising Dividend Archievers ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

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