First Horizon Advisors Inc. Boosts Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

First Horizon Advisors Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 43.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 275,534 shares of the company’s stock after purchasing an additional 82,860 shares during the period. First Horizon Advisors Inc. owned approximately 0.12% of First Trust SMID Cap Rising Dividend Archievers ETF worth $9,878,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Assetmark Inc. boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the 3rd quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after acquiring an additional 1,646 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock valued at $1,330,000 after purchasing an additional 465 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after purchasing an additional 21,199 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock worth $25,572,000 after purchasing an additional 227,413 shares during the period. Finally, Allworth Financial LP raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% in the fourth quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock worth $490,000 after purchasing an additional 2,872 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 2.5 %

Shares of SDVY stock opened at $35.71 on Friday. The company’s fifty day moving average price is $36.71 and its 200-day moving average price is $36.63. The stock has a market cap of $8.19 billion, a PE ratio of 12.91 and a beta of 1.20. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $32.22 and a 12 month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.1821 per share. The ex-dividend date was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers 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.