Park National Corp OH Increases Stock Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Park National Corp OH raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 1.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,584,904 shares of the company’s stock after acquiring an additional 54,366 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF makes up 3.9% of Park National Corp OH’s holdings, making the stock its 4th biggest position. Park National Corp OH’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $145,475,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 1st quarter worth approximately $30,000. Orion Capital Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter valued at $39,000. Torren Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the first quarter valued at $50,000. Parkside Financial Bank & Trust purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the second quarter worth $51,000. Finally, NI Acquisitions Company LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the second quarter worth $95,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY traded up $0.26 during mid-day trading on Monday, hitting $41.53. The stock had a trading volume of 810,908 shares, compared to its average volume of 1,296,330. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $36.40 and a 52 week high of $45.11. The business has a fifty day moving average price of $43.13 and a 200-day moving average price of $42.18. The firm has a market cap of $11.05 billion, a P/E ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.1002 dividend. The ex-dividend date was Thursday, September 24th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901.

About First Trust SMID Cap Rising Dividend Achievers ETF

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.