Nations Financial Group Inc. IA ADV Increases Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Nations Financial Group Inc. IA ADV boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 205,065 shares of the company’s stock after purchasing an additional 17,547 shares during the quarter. Nations Financial Group Inc. IA ADV owned about 0.08% of First Trust SMID Cap Rising Dividend Achievers ETF worth $7,858,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SDVY. GoalVest Advisory LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth about $25,000. Bank of Jackson Hole Trust bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth $25,000. Eagle Bay Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $25,000. Trust Co. of Vermont bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $27,000. Finally, Princeton Global Asset Management LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth $36,000.

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

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $41.45 on Thursday. The business’s fifty day simple moving average is $40.83 and its two-hundred day simple moving average is $39.37. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $30.42 and a 12 month high of $42.89. The company has a market capitalization of $10.63 billion, a price-to-earnings ratio of 14.54 and a beta of 1.06.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.0976 dividend. This represents a $0.39 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

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.