First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Short Interest Update

First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 97,900 shares, a decrease of 28.6% from the March 31st total of 137,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,071,000 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On First Trust SMID Cap Rising Dividend Achievers ETF

A number of large investors have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at $381,301,000. LPL Financial LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 22.0% during the 4th 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 period. Wells Fargo & Company MN grew its position 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 worth $456,447,000 after buying an additional 2,172,523 shares during the period. Independent Advisor Alliance purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $50,719,000. Finally, Bank of America Corp DE grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 23.0% in the 4th quarter. Bank of America Corp DE now owns 7,099,053 shares of the company’s stock worth $254,501,000 after buying an additional 1,327,323 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.5 %

SDVY opened at $32.70 on Wednesday. The stock has a 50-day moving average price of $32.94 and a 200-day moving average price of $35.82. 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 stock has a market capitalization of $7.61 billion, a P/E ratio of 12.77 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.1576 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.14. This represents a $0.63 annualized dividend and a yield of 1.93%.

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.