Good Life Advisors LLC Purchases 122,511 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Good Life Advisors LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 20.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 721,425 shares of the company’s stock after acquiring an additional 122,511 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF accounts for 1.6% of Good Life Advisors LLC’s holdings, making the stock its 13th largest holding. Good Life Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $25,452,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Hantz Financial Services Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at approximately $33,000. Fifth Third Bancorp grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% during the second quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after buying an additional 521 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth $34,000. Bank of Montreal Can increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4,082.8% during the second quarter. Bank of Montreal Can now owns 1,213 shares of the company’s stock worth $43,000 after buying an additional 1,184 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at $72,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.3%

NASDAQ SDVY opened at $38.19 on Thursday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $28.84 and a twelve month high of $40.60. The business’s fifty day moving average is $37.79 and its 200 day moving average is $36.32. The company has a market cap of $9.18 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 25th.

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.