OneAscent Financial Services LLC Sells 33,359 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

OneAscent Financial Services LLC cut its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 57.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,709 shares of the company’s stock after selling 33,359 shares during the quarter. OneAscent Financial Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $947,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SDVY. Raymond James Financial Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% in the third quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock worth $488,323,000 after purchasing an additional 825,345 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4,508.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 806,331 shares of the company’s stock worth $30,899,000 after purchasing an additional 788,833 shares during the last quarter. Bank of America Corp DE raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the third quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock worth $303,486,000 after purchasing an additional 614,123 shares during the last quarter. JSF Financial LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth approximately $22,029,000. Finally, Trilogy Capital Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth approximately $21,219,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.5%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $41.37 on Friday. The company has a market cap of $10.71 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $34.19 and a 52 week high of $42.89. The business has a 50 day moving average price of $41.25 and a 200-day moving average price of $40.37.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0976 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

First Trust SMID Cap Rising Dividend Achievers 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.