Silver Oak Securities Incorporated Sells 16,582 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Silver Oak Securities Incorporated decreased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 17.9% during the first quarter, Holdings Channel reports. The institutional investor owned 76,256 shares of the company’s stock after selling 16,582 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $3,007,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Focus Partners Wealth boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% in the first quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock worth $1,464,000 after acquiring an additional 12,748 shares during the period. Creative Planning lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% in the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock worth $331,000 after purchasing an additional 2,270 shares in the last quarter. Brown Advisory Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% in the 2nd quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock worth $497,000 after purchasing an additional 621 shares in the last quarter. Cerity Partners LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth approximately $1,897,000. Finally, Qube Research & Technologies Ltd boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock worth $13,008,000 after purchasing an additional 241,547 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY opened at $42.70 on Thursday. The firm has a market cap of $11.05 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $34.79 and a 1 year high of $43.01. The company has a 50 day simple moving average of $41.78 and a two-hundred day simple moving average of $40.80.

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.