International Assets Investment Management LLC Raises Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

International Assets Investment Management LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 1.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,853 shares of the company’s stock after purchasing an additional 908 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,759,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Farther Finance Advisors LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 1.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 28,969 shares of the company’s stock worth $1,022,000 after buying an additional 333 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 0.8% in the second quarter. Ameritas Advisory Services LLC now owns 41,112 shares of the company’s stock worth $1,450,000 after buying an additional 335 shares in the last quarter. Purus Wealth Management LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% in the first quarter. Purus Wealth Management LLC now owns 51,922 shares of the company’s stock worth $1,739,000 after buying an additional 355 shares in the last quarter. Arbor Capital Management Inc. ADV boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3.9% in the first quarter. Arbor Capital Management Inc. ADV now owns 10,198 shares of the company’s stock worth $345,000 after buying an additional 383 shares in the last quarter. Finally, Clear Creek Financial Management LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 1.4% in the second quarter. Clear Creek Financial Management LLC now owns 28,224 shares of the company’s stock worth $996,000 after buying an additional 391 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY opened at $37.09 on Monday. The firm has a market cap of $8.83 billion, a P/E ratio of 14.54 and a beta of 1.18. The stock has a 50 day simple moving average of $37.75 and a two-hundred day simple moving average of $35.51. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $28.84 and a 1 year high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a $0.095 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.38 annualized dividend and a yield of 1.0%.

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.