Jones Financial Companies Lllp Acquires 186,276 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Jones Financial Companies Lllp grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 27.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 854,178 shares of the company’s stock after acquiring an additional 186,276 shares during the quarter. Jones Financial Companies Lllp owned 0.36% of First Trust SMID Cap Rising Dividend Achievers ETF worth $32,594,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. GoalVest Advisory LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter valued at $25,000. Bank of Jackson Hole Trust purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the third quarter valued at about $25,000. Hantz Financial Services Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter valued at about $33,000. Atlantic Union Bankshares Corp bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter valued at about $34,000. Finally, Princeton Global Asset Management LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth about $36,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 1.2%

NASDAQ SDVY opened at $40.88 on Tuesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $28.84 and a 1-year high of $41.33. The stock has a 50-day moving average of $39.38 and a 200-day moving average of $38.09. The firm has a market cap of $10.25 billion, a PE ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.1305 dividend. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.52 dividend on an annualized basis and a yield of 1.3%.

First Trust SMID Cap Rising Dividend Achievers ETF 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.