Prospera Financial Services Inc Sells 59,859 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Prospera Financial Services Inc trimmed its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 7.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 744,892 shares of the company’s stock after selling 59,859 shares during the quarter. Prospera Financial Services Inc’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $28,555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of SDVY. Bank of Jackson Hole Trust bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter valued at $25,000. Eagle Bay Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at $25,000. Oakworth Capital Inc. bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $25,000. Trust Co. of Vermont bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $27,000. Finally, EQ Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $41.54 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $33.54 and a one year high of $42.89. The stock’s fifty day moving average is $40.85 and its 200 day moving average is $40.11. The stock has a market cap of $10.75 billion, a P/E ratio of 14.54 and a beta of 1.04.

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. Investors of record on Thursday, March 26th were issued a $0.0976 dividend. This represents a $0.39 dividend on an annualized basis 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.