Janney Montgomery Scott LLC Buys 32,466 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Janney Montgomery Scott LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 3.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 944,146 shares of the company’s stock after buying an additional 32,466 shares during the period. Janney Montgomery Scott LLC owned approximately 0.36% of First Trust SMID Cap Rising Dividend Achievers ETF worth $40,730,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. CWM LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 7.4% during the 4th quarter. CWM LLC now owns 448,472 shares of the company’s stock worth $17,185,000 after buying an additional 30,845 shares during the period. Virtus Family Office LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 14.1% during the fourth quarter. Virtus Family Office LLC now owns 106,427 shares of the company’s stock worth $4,078,000 after acquiring an additional 13,183 shares in the last quarter. Directional Asset Management bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at $609,000. Summit Wealth Group LLC Co. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $1,047,000. Finally, Pinnacle Associates Ltd. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the 4th quarter. Pinnacle Associates Ltd. now owns 252,704 shares of the company’s stock worth $9,684,000 after purchasing an additional 19,452 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.4%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $44.83 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $36.40 and a 12-month high of $45.11. The stock has a market capitalization of $11.85 billion, a P/E ratio of 14.54 and a beta of 1.01. The company has a 50-day simple moving average of $43.20 and a 200 day simple moving average of $41.86.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.0901 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%.

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.