StoneX Group Inc. Sells 111,670 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

StoneX Group Inc. cut its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 48.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,063 shares of the company’s stock after selling 111,670 shares during the period. StoneX Group Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $4,791,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SDVY. Decker Wealth Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at approximately $24,789,000. Arkadios Wealth Advisors raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 191.4% during the first quarter. Arkadios Wealth Advisors now owns 861,728 shares of the company’s stock valued at $33,978,000 after acquiring an additional 566,039 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% during the first quarter. Bank of America Corp DE now owns 9,463,585 shares of the company’s stock worth $373,149,000 after purchasing an additional 564,137 shares during the period. Royal Bank of Canada lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% during the first quarter. Royal Bank of Canada now owns 6,670,911 shares of the company’s stock worth $263,034,000 after purchasing an additional 322,622 shares during the period. Finally, JSF Financial LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 55.1% during the first quarter. JSF Financial LLC now owns 891,631 shares of the company’s stock worth $35,157,000 after purchasing an additional 316,764 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.2%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $41.93 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $36.40 and a twelve month high of $45.11. The stock has a market cap of $11.07 billion, a price-to-earnings ratio of 14.54 and a beta of 1.02. The company’s fifty day moving average is $41.97 and its 200 day moving average is $41.97.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1002 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.40 annualized dividend 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.