Nations Financial Group Inc. IA ADV Acquires 19,932 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Nations Financial Group Inc. IA ADV boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 9.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 224,997 shares of the company’s stock after buying an additional 19,932 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $8,872,000 as of its most recent SEC filing.

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

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY stock opened at $42.22 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $34.21 and a 1-year high of $42.90. The stock’s 50-day moving average is $41.73 and its 200 day moving average is $40.69. The company has a market cap of $10.93 billion, a P/E 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 issued a $0.0976 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.39 dividend on an annualized basis and a yield of 0.9%.

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.