First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Park National Corp OH

Park National Corp OH increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 1.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,472,041 shares of the company’s stock after purchasing an additional 66,100 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF makes up 4.2% of Park National Corp OH’s investment portfolio, making the stock its 3rd largest holding. Park National Corp OH owned about 1.35% of First Trust SMID Cap Rising Dividend Achievers ETF worth $136,903,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth about $25,000. Oakworth Capital Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at approximately $25,000. Trust Co. of Vermont acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at approximately $27,000. Smartleaf Asset Management LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at approximately $28,000. Finally, EQ Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at approximately $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $42.22 on Friday. The company has a 50 day moving average price of $41.73 and a 200 day moving average price of $40.69. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $34.21 and a 52 week high of $42.90. The firm has a market capitalization of $10.93 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.