First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by LPL Financial LLC

LPL Financial LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,892,169 shares of the company’s stock after acquiring an additional 1,135,800 shares during the period. LPL Financial LLC owned approximately 9.93% of First Trust SMID Cap Rising Dividend Achievers ETF worth $953,868,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Eagle Bay Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $25,000. Oakworth Capital Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $25,000. Trust Co. of Vermont acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $27,000. EQ Wealth Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $30,000. Finally, High Note Wealth LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $32,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY stock opened at $41.37 on Monday. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $34.19 and a fifty-two week high of $42.89. The firm’s 50-day simple moving average is $41.25 and its 200 day simple moving average is $40.40. The stock has a market cap of $10.71 billion, a PE ratio of 14.54 and a beta of 1.01.

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 given a $0.0976 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, March 26th.

First Trust SMID Cap Rising Dividend Achievers ETF 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.