Stephens Inc. AR Sells 899 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Stephens Inc. AR trimmed its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,821 shares of the company’s stock after selling 899 shares during the period. Stephens Inc. AR’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $3,275,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Fifth Third Bancorp raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after acquiring an additional 521 shares during the last quarter. Financial Network Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 1st quarter worth approximately $72,000. Pinnacle Bancorp Inc. increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 14.0% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 4,850 shares of the company’s stock worth $171,000 after purchasing an additional 595 shares in the last quarter. Larson Financial Group LLC increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 15.5% during the 1st quarter. Larson Financial Group LLC now owns 5,728 shares of the company’s stock worth $192,000 after purchasing an additional 770 shares in the last quarter. Finally, HBK Sorce Advisory LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 1st quarter worth approximately $204,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.9%

NASDAQ SDVY opened at $37.37 on Thursday. The firm has a market capitalization of $8.93 billion, a P/E ratio of 14.54 and a beta of 1.18. The business has a fifty day simple moving average of $37.77 and a 200 day simple moving average of $35.59. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $28.84 and a 12 month high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 25th.

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.