Cetera Investment Advisers Has $186.15 Million Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Cetera Investment Advisers grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 5.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,276,231 shares of the company’s stock after purchasing an additional 273,077 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $186,145,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Wagner Wealth Management LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.3% in the 2nd quarter. Wagner Wealth Management LLC now owns 456,314 shares of the company’s stock valued at $16,099,000 after buying an additional 18,713 shares during the last quarter. National Bank of Canada FI grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 162.6% during the 1st quarter. National Bank of Canada FI now owns 6,736 shares of the company’s stock worth $225,000 after buying an additional 4,171 shares during the period. Fifth Third Bancorp increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the second quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock valued at $34,000 after purchasing an additional 521 shares in the last quarter. Barry Investment Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 7.1% in the 2nd quarter. Barry Investment Advisors LLC now owns 20,368 shares of the company’s stock valued at $719,000 after buying an additional 1,342 shares in the last quarter. Finally, Smith Chas P & Associates PA Cpas increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% in the second quarter. Smith Chas P & Associates PA Cpas now owns 1,028,128 shares of the company’s stock worth $36,272,000 after acquiring an additional 25,667 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of SDVY stock opened at $37.49 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $28.84 and a 52 week high of $40.60. The company’s 50 day moving average price is $37.76 and its two-hundred day moving average price is $36.37. The company has a market capitalization of $9.01 billion, a P/E ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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