Silver Oak Securities Incorporated Boosts Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Silver Oak Securities Incorporated raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 18.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,398 shares of the company’s stock after purchasing an additional 8,171 shares during the quarter. Silver Oak Securities Incorporated’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Legacy Capital Group California Inc. grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the third quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock valued at $1,645,000 after buying an additional 343 shares during the period. CX Institutional grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% during the 3rd quarter. CX Institutional now owns 94,576 shares of the company’s stock valued at $3,441,000 after acquiring an additional 383 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock worth $1,205,000 after purchasing an additional 417 shares during the last quarter. World Equity Group Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the 2nd quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock worth $3,622,000 after purchasing an additional 423 shares during the period. Finally, Private Client Services LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% in the second quarter. Private Client Services LLC now owns 6,929 shares of the company’s stock valued at $231,000 after purchasing an additional 426 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ:SDVY opened at $36.27 on Friday. The company has a market capitalization of $6.30 billion, a P/E ratio of 8.30 and a beta of 1.18. The business has a fifty day simple moving average of $35.77 and a two-hundred day simple moving average of $34.57. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $26.40 and a 1 year high of $37.55.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1383 dividend. This represents a $0.55 annualized dividend and a yield of 1.53%. The ex-dividend date was Thursday, September 26th.

First Trust SMID Cap Rising Dividend Archievers 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.