First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Holdings Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 8.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 911,680 shares of the company’s stock after purchasing an additional 74,375 shares during the quarter. Janney Montgomery Scott LLC owned 0.35% of First Trust SMID Cap Rising Dividend Achievers ETF worth $35,948,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SDVY. Raymond James Financial Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% during the fourth quarter. Raymond James Financial Inc. now owns 14,105,263 shares of the company’s stock valued at $540,514,000 after buying an additional 1,261,249 shares in the last quarter. LPL Financial LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% in the 4th quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after acquiring an additional 1,135,800 shares in the last quarter. Axxcess Wealth Management LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4,508.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 806,331 shares of the company’s stock worth $30,899,000 after acquiring an additional 788,833 shares in the last quarter. Bank of America Corp DE boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock worth $303,486,000 after acquiring an additional 614,123 shares during the period. Finally, JSF Financial LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth about $22,029,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

NASDAQ:SDVY opened at $42.94 on Tuesday. The stock has a market cap of $11.12 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $35.03 and a fifty-two week high of $43.44. The stock’s 50-day moving average is $41.87 and its two-hundred day moving average is $40.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be issued a dividend of $0.0901 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, June 25th.

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.